FrançaisBond Italia 0.45% ( IT0005175598 ) in EUR
| Issuer | Italia |
| Market price | 100 % ⇌ |
| Country |  Italy
|
| ISIN code |
 IT0005175598 ( in EUR )
|
| Interest rate | 0.45% per year ( payment 1 time a year) |
| Maturity | 01/06/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 EUR |
| Total amount | 17 414 767 000 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. A financial overview of the bond identified by ISIN code IT0005175598 provides insight into a specific debt instrument issued by the Italian Republic. Italy, the issuer, is a significant sovereign entity within the European Union and the Eurozone, renowned for its large economy and active participation in global financial markets, frequently issuing debt to manage its fiscal needs. This particular security, denominated in Euros (EUR), featured an annual interest rate, or coupon, of 0.45%. With a substantial total issue size of ?17,414,767,000, it represented a notable fundraising effort by the Italian Treasury. The bond was structured with a minimum purchase amount of ?1,000, making it accessible to a range of investors. Its maturity date was set for June 1, 2021, and it was noted to be trading at 100% of its par value upon its final redemption. Crucially, as of its stated maturity, this obligation has been successfully repaid to its holders, bringing its lifecycle as a sovereign debt instrument to a close. |