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ItalianoBond Germany 0% ( DE0001119568 ) in EUR
| Issuer | Germany | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  Germany
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| ISIN code |
 DE0001119568 ( in EUR )
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| Interest rate | 0% | ||||||||
| Maturity | 22/02/2017 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 EUR | ||||||||
| Total amount | 1 500 000 000 EUR | ||||||||
| Detailed description |
Germany is a federal parliamentary republic in Central Europe, with a highly developed social market economy and a rich history and culture. The German government bond, identified by ISIN DE0001119568, has successfully matured and been fully redeemed on its February 22, 2017 due date. Issued by Germany, a sovereign entity widely recognized for its robust economic stability and high credit standing within the global financial markets, this Euro-denominated (EUR) fixed-income instrument represented a substantial total issuance volume of EUR 1,500,000,000. A distinctive characteristic of this particular bond was its zero-coupon nature, as indicated by its 0% interest rate and single payment frequency; investors would have acquired it at a discount to its 100% par value, receiving the full principal repayment at its maturity. With a minimum purchase size of 1 unit, this bond's lifecycle has concluded, affirming Germany's commitment to its financial obligations. |
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