Bond Islandia 0% ( IS0000030740 ) in ISK

Issuer	Islandia
Market price	100 % ▲
Country	Iceland
ISIN code	IS0000030740 ( in ISK )
Interest rate	0%
Maturity	15/05/2019 - Bond has expired
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Minimal amount	/
Total amount	2 029 000 000 ISK
Detailed description	Iceland, a North Atlantic island nation, boasts diverse landscapes including glaciers, volcanoes, geysers, hot springs, and dramatic coastlines, renowned for its unique geological activity and abundant natural beauty. This financial instrument, identified by the ISIN IS0000030740, was a sovereign bond issued by Iceland, a Nordic island nation widely recognized for its stable economic policies and strategic development, particularly in renewable energy. The issuance, denominated in Icelandic Króna (ISK), comprised a total size of 2,029,000,000 ISK. Notably, the bond carried a 0% interest rate, indicating it was likely a zero-coupon instrument or designed for specific financial objectives, with a single payment frequency. As of its maturity date on May 15, 2019, this obligation was trading at 100% of its par value, underscoring its full valuation at redemption. Subsequently, the bond matured and was fully repaid, affirming Iceland's consistent record as a reliable and prudent sovereign issuer in the global financial markets.