Bond Kontrollbank AG 0% ( FR0128198084 ) in EUR

Issuer Kontrollbank AG
Market price 100 %  ⇌ 
Country  Austria
ISIN code  FR0128198084 ( in EUR )
Interest rate 0%
Maturity 10/04/2024 - 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.

The fixed-income market recently registered the full maturity and repayment of the bond identified by ISIN FR0128198084, an instrument issued by Oesterreichische Kontrollbank Aktiengesellschaft (OeKB), Austria's official export credit agency and a pivotal financial institution supporting Austrian exporters. This particular debt security, issued from Austria and denominated in EUR, was characterized by a 0% interest rate, classifying it as a zero-coupon bond where, despite a stated payment frequency of '1', no periodic interest payments were made, with investors' returns being realized solely through the difference between the purchase price and the full nominal value upon redemption. The bond reached its scheduled maturity on April 10, 2024, at which point it was fully repaid to bondholders, consistent with its noted market price of 100% at the time of its final settlement.