Bond Euro Stability Fund 0% ( EU000A1G0AL3 ) in EUR
| Issuer | Euro Stability Fund | ||
| Market price | 100 % ⇌ | ||
| Country | Luxembourg
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| ISIN code |
EU000A1G0AL3 ( in EUR )
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| Interest rate | 0% | ||
| Maturity | 19/04/2018 - Bond has expired | ||
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| Minimal amount | 1 000 EUR | ||
| Total amount | 5 000 000 000 EUR | ||
| Detailed description |
The European Financial Stability Facility (EFSF) was a temporary special purpose vehicle established in 2010 by the Eurozone to provide financial assistance to Eurozone countries facing sovereign debt crises, primarily through loans. This financial instrument, identifiable by the ISIN EU000A1G0AL3, constituted a bond issued by the European Financial Stability Facility (EFSF), a critical temporary crisis resolution mechanism established by the Eurozone member states with the primary objective of preserving financial stability within the region through the provision of financial assistance. This specific bond, denominated in Euro (EUR) and originated from Luxembourg, represented a total issuance volume of EUR 5,000,000,000, with a minimum lot size of EUR 1,000 available for investment. Structurally, it was a zero-coupon bond, characterized by a 0% interest rate, which implies that no periodic interest payments were disbursed to bondholders throughout its lifecycle. As of its predetermined maturity date on April 19, 2018, this obligation has successfully reached its full term and has been fully repaid to investors at its par value, consistently observed at a 100% market price, thereby concluding its financial commitment. |
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