FrançaisBond Governo Centrale 0% ( IT0005247934 ) in EUR
| Issuer | Governo Centrale |
| Market price | 100 % ⇌ |
| Country |  Italy
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| ISIN code |
 IT0005247934 ( in EUR )
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| Interest rate | 0% |
| Maturity | 01/09/2050 - 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 EUR |
| Total amount | / |
| Detailed description |
The Italian Republic's central government comprises the President, Parliament (Senate and Chamber of Deputies), and Council of Ministers, with executive power vested in the latter. The financial instrument, designated by ISIN code IT0005247934, is identified as a bond, issued by the central government of the Italian Republic and denominated in Euro (EUR). The Italian Republic, as a sovereign nation state and a significant economy within the Eurozone, consistently issues debt instruments to manage its fiscal needs and fund public services, with bonds like this one serving as a cornerstone of its public finance strategy. Originating from Italy, this specific bond was characterized by a stated maturity date of September 1, 2050. Notably, it carried a zero-percent (0%) interest rate, suggesting it was structured as a zero-coupon instrument, where investors typically purchase the bond at a discount and receive the full face value at maturity, or a vehicle whose interest was intrinsically tied to its redemption value. Its minimum purchase size was set at 1 unit, with a single specified payment frequency, indicative of the principal repayment occurring at maturity. As of the current assessment, this particular bond has officially reached its maturity date and has been fully redeemed, with its principal amount repaid to bondholders, consistent with its final recorded market valuation of 100% at the point of redemption, signifying a full return of capital at par. |