Bond Croatica 0% ( HRRHMFT435B9 ) in HRK

Issuer	Croatica
Market price	100 % ⇌
Country	Croatia
ISIN code	HRRHMFT435B9 ( in HRK )
Interest rate	0%
Maturity	28/08/2014 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 000 HRK
Total amount	1 481 000 000 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. This financial article details a specific sovereign bond, identified by the ISIN code HRRHMFT435B9, which was issued by the Republic of Croatia. As a sovereign issuer, Croatia, a nation located in Southeastern Europe, periodically accesses capital markets to finance its public expenditures and manage its national debt. This particular bond issue was denominated in Croatian Kuna (HRK), reflecting the national currency of the issuing country. The total size of this bond issuance was considerable, amounting to 1,481,000,000 units, with a minimum investment threshold set at 100,000 units per acquisition. A distinctive feature of this instrument was its reported interest rate of 0%, coupled with a payment frequency of 1, which typically indicates a zero-coupon bond or an instrument where the return to investors is realized through a discount at issuance or a single comprehensive payment at maturity, rather than periodic interest disbursements. The bond's maturity date was August 28, 2014. As of its status, this bond has reached its maturity and has been successfully redeemed, a fact reflected by its market price at redemption being 100%, signifying that the principal amount was fully repaid to its holders, thereby demonstrating Croatia's fulfillment of its obligations concerning this specific debt security.