Bond Francia 0% ( FR0125848616 ) in EUR
| Issuer | Francia |
| Market price | 100 % ⇌ |
| Country | France
|
| ISIN code |
FR0125848616 ( in EUR )
|
| Interest rate | 0% |
| Maturity | 27/05/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 EUR |
| Total amount | 2 679 000 000 EUR |
| Detailed description |
France is a Western European country with diverse geography, a rich history, and significant cultural influence. A specific sovereign debt instrument, identified by ISIN FR0125848616, issued by the French Republic, a prominent and stable economic powerhouse within the Eurozone known for its significant presence in global financial markets, concluded its lifecycle having fully matured and been repaid. This bond, denominated in Euros (EUR), carried a total issuance size of ?2,679,000,000, and was accessible to investors with a minimum purchase unit of 1, reflecting its broad market availability. Notably, the instrument featured a 0% interest rate, indicating it functioned as a zero-coupon bond, where the return for investors was typically derived from the difference between the purchase price and the par value at maturity. On its maturity date of May 27, 2020, the bond's market price stood at 100% of its nominal value, confirming its successful redemption and the fulfillment of its obligations to bondholders, with principal repayment occurring as a single event at maturity. |
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