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ItalianoBond Hungary 0% ( HU0000625355 ) in HUF
| Issuer | Hungary | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country |  Hungary
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| ISIN code |
 HU0000625355 ( in HUF )
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| Interest rate | 0% | ||||||
| Maturity | 20/10/2022 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 000 HUF | ||||||
| Total amount | 110 000 000 000 HUF | ||||||
| Detailed description |
Hungary is a landlocked Central European country with a rich history, vibrant culture influenced by its diverse past, and a burgeoning economy focused on manufacturing and services. A specific Hungarian government bond, identified by ISIN HU0000625355, issued by Hungary ? a sovereign state in Central Europe and member of the European Union, has successfully reached its maturity date on October 20, 2022, and has subsequently been redeemed at its full par value of 100%. This fixed-income instrument was notable for its zero-coupon structure, carrying a 0% interest rate, meaning investors received their principal back upon maturity without periodic interest payments. Denominated in Hungarian Forints (HUF), the bond represented a total issuance volume of HUF 110,000,000,000, with a minimum purchase size of HUF 1,000,000. Its redemption signifies the completion of the issuer's financial obligation, as is standard practice for debt securities at the end of their term. |
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