FrançaisBond Italia 0% ( IT0005162638 ) in EUR
| Issuer | Italia |
| Market price | 100 % ⇌ |
| Country |  Italy
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| ISIN code |
 IT0005162638 ( in EUR )
|
| Interest rate | 0% |
| Maturity | 31/08/2016 - Bond has expired |
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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 | 6 875 000 000 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 examination of the Italian sovereign debt landscape highlights the IT0005162638 bond, a specific fixed-income instrument issued by Italy, a major economy within the Eurozone and a prominent issuer in international bond markets. This particular Euro-denominated bond represented a substantial total issuance volume of ?6,875,000,000, with a minimum purchase threshold set at ?1,000 per unit, allowing for broad investor participation. Notably, this instrument featured a 0% interest rate, a characteristic often associated with zero-coupon bonds where investor returns are realized from the discount at issuance rather than periodic coupon payments, or bonds that are redeemed at par. The bond reached its full maturity on August 31, 2016, and at that point, its market valuation was confirmed at 100% of its par value, indicating a full principal redemption. As formally confirmed, this obligation has successfully completed its lifecycle, having been fully redeemed and repaid to its bondholders. |