Bond Governo Centrale 0% ( IT0005549388 ) in EUR

Issuer Governo Centrale
Market price 100 %  ⇌ 
Country  Italy
ISIN code  IT0005549388 ( in EUR )
Interest rate 0%
Maturity 14/06/2024 - Bond has expired



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Minimal amount /
Total amount 8 800 000 000 EUR
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 Central government of the Italian Republic, a significant sovereign borrower within the Eurozone, recently concluded the lifecycle of a substantial financial instrument, specifically the bond identified by ISIN code IT0005549388, which was issued by Italy and denominated in EUR with a total issuance size of ?8,800,000,000; this zero-coupon obligation, characterized by a 0% interest rate and a single principal payment at maturity, successfully reached its maturity date of June 14, 2024, and was subsequently redeemed at 100% of its face value, marking its full repayment.