Bond Kontrollbank AG 0% ( FR0127901934 ) in EUR

Issuer	Kontrollbank AG
Market price	100 % ⇌
Country	Austria
ISIN code	FR0127901934 ( in EUR )
Interest rate	0%
Maturity	13/10/2023 - 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. A debt instrument identified by the ISIN FR0127901934, issued by Oesterreichische Kontrollbank Aktiengesellschaft and originating from Austria, has reached its full maturity and been successfully redeemed. Oesterreichische Kontrollbank, commonly known as OeKB, is a central financial and information service provider in Austria, playing a crucial role in supporting the country's export industry and capital markets through various financial and informational services. This specific bond, denominated in Euros (EUR), notably carried a zero percent interest rate, qualifying it as a zero-coupon bond, meaning investors' returns were derived from the discount at which it was initially purchased relative to its par redemption value. With a maturity date of October 13, 2023, the bond was trading at 100% of its face value upon reaching this date, signifying its principal repayment. The listed payment frequency of "1" for this zero-coupon bond refers to the singular principal payment received by investors at its maturity, marking the completion of its lifecycle in the fixed-income market.