Bond Croatica 0% ( HRRHMFT201B5 ) in HRK

Issuer	Croatica
Market price	100 % ⇌
Country	Croatia
ISIN code	HRRHMFT201B5 ( in HRK )
Interest rate	0%
Maturity	02/01/2020 - Bond has expired
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Minimal amount	100 000 HRK
Total amount	2 048 000 000 HRK
Detailed description	Croatia boasts a stunning coastline dotted with islands, historic towns, and national parks, offering a diverse blend of natural beauty and cultural heritage. An analysis of a specific debt instrument issued by the Republic of Croatia, identified by ISIN HRRHMFT201B5, offers insights into sovereign debt management within this European Union member state's financial landscape. The Republic of Croatia, as a sovereign issuer, actively participates in capital markets to finance its public expenditures and manage its national debt portfolio, attracting both institutional and retail investors seeking exposure to its economy. This particular bond, denominated in Croatian Kuna (HRK), had a total issue size of 2,048,000,000 HRK, with a minimum purchase threshold set at 100,000 HRK. Notably, it carried a 0% interest rate, suggesting it was likely a zero-coupon bond, where the investor's return is derived from purchasing the bond at a discount and receiving its full par value at maturity, which was 100%. The bond was originally scheduled to mature on January 2, 2020, with a stated payment frequency of one, likely referring to the principal repayment at its conclusion. As of the latest information, this debt obligation has reached its scheduled maturity and has been fully redeemed by the Republic of Croatia, successfully completing its lifecycle within the financial markets.