Bond Italia 0% ( IT0004164775 ) in EUR
Issuer | Italia |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 01/02/2017 - Bond has expired |
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Minimal amount | 1 000 EUR |
Total amount | 24 493 562 000 EUR |
Detailed description |
Italy is a country in Southern Europe with a diverse geography encompassing the Alps, Apennine Mountains, and extensive coastlines, known for its rich history, art, culture, and cuisine. Italy, a key sovereign issuer within the Eurozone and one of the world's major economies, issued a bond instrument identified by ISIN Code IT0004164775, which has now reached its full maturity and been repaid. This debt instrument, denominated in EUR and issued from Italy, represented a substantial total issuance volume of EUR 24,493,562,000, with individual subscriptions possible from a minimum of EUR 1,000. A distinctive characteristic of this particular bond was its zero-coupon nature, evidenced by an interest rate of 0%, meaning investors did not receive recurring interest payouts but instead were expected to realize their return through the redemption of the principal at par, typically after purchasing the bond at a discount to its face value. Having reached its maturity date on February 1, 2017, the bond was successfully redeemed at 100% of its face value, completing its lifecycle and ensuring repayment to all bondholders. |