Bond Grecia 0% ( GR0002242114 ) in EUR
Issuer | Grecia |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 28/07/2023 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Detailed description |
Greece is a southeastern European country comprising a mainland and numerous islands, renowned for its ancient history, diverse landscapes, and vibrant culture. An analysis of the **GR0002242114** bond, issued by the Hellenic Republic, illustrates the lifecycle of a specific sovereign debt instrument. As the **issuer**, **Greece**, a member state of the Eurozone, actively manages its national debt through the issuance of various securities, a process closely observed by global financial markets as part of its ongoing efforts to maintain fiscal stability and market confidence. This particular security, denominated in **EUR**, was characterized by its **0% interest rate**, indicating it functioned as a zero-coupon bond where investors purchased it at a discount and received a single payment of its face value at maturity, rather than periodic interest distributions. The bond, which originated from **Greece** as its country of issuance, officially matured on **July 28, 2023**, with a payment frequency of one (representing the principal repayment), and has subsequently reached its full redemption, being repaid to investors at **100% of its face value** upon maturity. |