Bond Islandia 0% ( IS0000031789 ) in ISK

Issuer Islandia
Market price 100 %  ▲ 
Country  Iceland
ISIN code  IS0000031789 ( in ISK )
Interest rate 0%
Maturity 16/11/2020 - Bond has expired



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Minimal amount /
Total amount 26 752 000 000 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.

Focusing on the IS0000031789 bond, this was a zero-coupon sovereign debt instrument issued by Iceland, a developed Nordic nation recognized for its robust economic framework and unique geopolitical landscape. Denominated in Icelandic Krona (ISK), the total issuance size for this bond stood at ISK 26,752,000,000. Bearing an interest rate of 0% and therefore no periodic payments, this bond reached its scheduled maturity date on November 16, 2020, at which point it was fully repaid to investors, consistent with its final market valuation at 100% of its face value.