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ItalianoBond Central government: Federal Republic of Germany 2.4% ( DE000BU25018 ) in EUR
| Issuer | Central government: Federal Republic of Germany | ||||||||||||||||||||||
| Market price | 100.00 % ⇌ | ||||||||||||||||||||||
| Country |  Germany
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| ISIN code |
 DE000BU25018 ( in EUR )
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| Interest rate | 2.4% per year ( payment 1 time a year) | ||||||||||||||||||||||
| Maturity | 19/10/2028 - Bond has expired | ||||||||||||||||||||||
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Prospectus brochure in PDF format |
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| Detailed description |
The German federal government, headed by the Chancellor and composed of various ministries, is responsible for areas like foreign policy, defense, and national economic policy, while significant powers remain with the sixteen state governments. The DE000BU25018 bond, a fixed-income instrument issued by the Federal Republic of Germany, the sovereign central government of a major European economy known for its fiscal strength and high creditworthiness, has successfully reached its maturity on October 19, 2028, and has been fully redeemed. This Euro-denominated obligation carried an annual interest rate of 2.4% and was repaid at its par value, reflecting the issuer's commitment to its financial obligations. |
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