Bond Kontrollbank AG 0% ( FR0127844936 ) in EUR

Issuer	Kontrollbank AG
Market price	100 % ⇌
Country	Austria
ISIN code	FR0127844936 ( in EUR )
Interest rate	0%
Maturity	05/05/2023 - Bond has expired
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Detailed description	Österreichische Kontrollbank Aktiengesellschaft (OeKB) is an Austrian government-owned bank specializing in export financing and the promotion of Austrian businesses internationally. An Austrian-issued fixed-income instrument, specifically a zero-coupon bond identified by ISIN FR0127844936, has successfully reached its maturity and been fully repaid. The issuer of this bond is Oesterreichische Kontrollbank Aktiengesellschaft, a key financial institution and the official export credit agency (ECA) of Austria. Wholly owned by the Republic of Austria, OeKB plays a crucial role in bolstering the Austrian economy by providing a range of services, including export financing, guarantees, capital market services, and energy market services, thereby facilitating international business for Austrian companies. This particular bond, denominated in Euro (EUR) and carrying a 0% interest rate, matured on May 5, 2023. At its maturity date, the bond was repaid to investors at 100% of its face value, signifying a successful and timely redemption for the bondholders and the completion of its lifecycle within the fixed-income market.