Bond Italia 0% ( IT0005415945 ) in EUR
Issuer | Italia |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 14/07/2021 - Bond has expired |
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Minimal amount | 1 000 EUR |
Total amount | 7 500 000 000 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. A specific financial instrument, identified by its ISIN code IT0005415945, was a bond issued by Italy, a prominent sovereign issuer within the Eurozone renowned for its significant government debt market and its pivotal role as a founding member of the European Union; this particular bond, denominated in EUR, represented a total issue size of ?7,500,000,000 with a minimum purchase size set at ?1,000, and notably featured a zero percent interest rate, indicating it was a zero-coupon instrument with a payment frequency of one, signifying a single principal repayment upon its conclusion, which occurred when it reached its maturity on July 14, 2021, at which point it was fully redeemed at its current market price of 100%, thereby completing its lifecycle and returning principal to investors. |