Bond Finnland 0% ( FI4000541529 ) in USD

Issuer	Finnland
Market price	100 % ⇌
Country	Finland
ISIN code	FI4000541529 ( in USD )
Interest rate	0%
Maturity	15/03/2023 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 USD
Total amount	2 155 000 000 USD
Detailed description	Finland is a Nordic country known for its stunning natural landscapes, high quality of life, strong emphasis on education and technology, and unique sauna culture. The financial markets recently observed the successful conclusion of a sovereign debt instrument, identified by ISIN FI4000541529, which was issued by Finland, a highly-regarded sovereign entity renowned for its stable economy, strong fiscal discipline, and consistent creditworthiness on the global stage. This particular bond, denominated in US Dollars, represented a total issuance size of $2,155,000,000, with a minimum purchase increment for investors set at $1,000. Notably, the instrument carried a stated interest rate of 0%, implying its design as a zero-coupon bond or an instrument structured to be redeemed at par without periodic coupon payments, despite a listed payment frequency of two which typically denotes semi-annual disbursements but is superseded by the zero interest rate. Issued by the Republic of Finland, this obligation successfully reached its scheduled maturity date of March 15, 2023, and was entirely redeemed at its then-current market price of 100% of its face value, signifying a complete lifecycle for this debt security and further affirming Finland's consistent adherence to its financial commitments on the international stage.