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ItalianoBond Slesvig-Holsten 0% ( DE000SHFM477 ) in EUR
| Issuer | Slesvig-Holsten |
| Market price | 100 % ⇌ |
| Country |  Germany
|
| ISIN code |
 DE000SHFM477 ( in EUR )
|
| Interest rate | 0% |
| Maturity | 13/11/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 50 000 EUR |
| Total amount | 750 000 000 EUR |
| Detailed description |
Schleswig-Holstein is a northern German state bordering Denmark and the Baltic and North Seas, known for its picturesque coastline, historic castles, and significant role in German history. An analysis of the fixed-income market highlights the DE000SHFM477 bond, a zero-coupon Euro-denominated instrument issued by Schleswig-Holstein, one of Germany's 16 federal states renowned for its strong fiscal health and high creditworthiness as a quasi-sovereign entity. This bond, with a total issue size of EUR 750,000,000 and a minimum purchase threshold of EUR 50,000, featured a 0% interest rate, implying investor returns were derived from the discount to its par value; initially active in the market at a reported price of 100%, this bond reached its maturity on November 13, 2021, at which point it was fully redeemed, marking the successful conclusion of its term. |