Bond Italia 0% ( IT0005367880 ) in EUR
Issuer | Italia |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 31/10/2019 - Bond has expired |
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Minimal amount | 1 000 EUR |
Total amount | 6 600 000 000 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 analysis of the IT0005367880 bond, issued by the Republic of Italy, a prominent sovereign entity within the Eurozone that consistently utilizes the bond market to manage its national debt, offers a comprehensive overview of its characteristics and lifecycle. This debt instrument, denominated in EUR, was notably structured with a 0% interest rate and an annual payment frequency, the latter primarily pertinent to its principal redemption at maturity given the absence of coupon payments. The bond had a total issuance volume of ?6,600,000,000 and was accessible to investors with a minimum purchase amount of ?1,000. Having reached its scheduled maturity date on October 31, 2019, the bond was observed at 100% of its par value on the market, signifying its successful and full redemption by the Italian Treasury. |