Bond Islandia 0% ( IS0000036291 ) in ISK

Issuer	Islandia
Market price	100 % ⇌
Country	Iceland
ISIN code	IS0000036291 ( in ISK )
Interest rate	0%
Maturity	15/04/2027
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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. An in-depth examination of the financial instrument identified by ISIN code IS0000036291 reveals a bond issued by Iceland, a sovereign entity characterized by a robust economy, strong democratic institutions, and an economic landscape heavily reliant on sustainable energy, tourism, and fisheries. This particular bond, denominated in Icelandic Króna (ISK) and currently quoted at 100% of its par value in the market, is notably structured as a zero-coupon obligation. Consequently, it bears a 0% interest rate, implying that investors will not receive recurring interest payments throughout the bond's lifecycle. Instead, the total return is realized at maturity, when the full face value is repaid. The instrument is slated for maturity on April 15, 2027, with the principal redemption representing the sole payment event, consistent with the characteristics of zero-coupon securities.