Bond Hispania 0% ( ES0L02304142 ) in EUR

Issuer Hispania
Market price 100 %  ⇌ 
Country  Spain
ISIN code  ES0L02304142 ( in EUR )
Interest rate 0%
Maturity 14/04/2023 - Bond has expired



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Detailed description Spain, a geographically diverse country in Southwestern Europe, boasts a rich history, vibrant culture encompassing flamenco, diverse cuisine, and significant contributions to art, literature, and architecture.

**Subject: Analysis of Spain's Matured Sovereign Bond (ISIN: ES0L02304142)** A specific sovereign debt instrument, identified by its ISIN ES0L02304142 and issued by the Kingdom of Spain, has successfully reached its maturity date and been subsequently repaid to investors. The issuer, Spain, is a prominent member state of the European Union and the Eurozone, holding a significant position in global sovereign debt markets. As a sovereign entity, Spain regularly issues various debt instruments to finance its public expenditure, manage its national debt, and fund infrastructure projects. Its bonds are typically regarded as highly liquid instruments within the European financial landscape, reflecting the country's economic stability and its commitment to fiscal management within the EU framework. This particular bond, categorized as a fixed-income obligation, was denominated in Euros (EUR), the common currency of the Eurozone. A notable characteristic of this instrument was its zero-coupon structure, indicated by an stated interest rate of 0%. This implies that the bond was likely issued at a discount to its face value, with investors receiving the full principal amount at maturity rather than periodic interest payments. Its maturity date was definitively set for April 14, 2023. At the point of its maturity, the bond's market price was confirmed at 100% of its face value, reflecting the par repayment to bondholders. While the standard payment frequency for coupon bonds is typically semi-annual or annual, the '1' frequency here, coupled with the zero-coupon rate, confirms that the single repayment event was the return of the principal at the bond's expiration. Confirmation has been made that this bond has successfully reached its maturity and the principal has been fully reimbursed to its holders, bringing the lifecycle of this specific debt instrument to a complete and orderly close.