FrançaisBond Italia 0% ( IT0005002990 ) in EUR
| Issuer | Italia |
| Market price | 100 % ⇌ |
| Country |  Italy
|
| ISIN code |
 IT0005002990 ( in EUR )
|
| Interest rate | 0% |
| Maturity | 13/03/2015 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 1 000 EUR |
| Total amount | 7 565 641 000 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. An analysis of the IT0005002990 bond, a government debt instrument issued by the Republic of Italy, provides insight into the Eurozone sovereign debt market. Italy, a significant economic power and key member of the Eurozone, consistently taps international capital markets to finance its public expenditure, reflecting its established standing as a sovereign issuer. This particular bond, denominated in EUR and issued within Italy, featured a distinctive 0% interest rate, indicating its nature as a zero-coupon instrument designed for issuance at a discount and redemption at par. The bond had a substantial total original issue size of EUR 7,565,641,000, with a minimum purchase denomination of EUR 1,000, making it accessible to a range of investors. This security reached its full maturity on March 13, 2015. Its payment frequency was recorded as '1', consistent with a single principal payment upon maturity typical of zero-coupon instruments. Crucially, as of the reporting, this bond has successfully matured and been fully reimbursed at 100% of its nominal value, reaffirming Italy's consistent record in meeting its financial obligations to bondholders. |