Bond Malta Central Authority 0% ( MT3100016836 ) in EUR

Issuer	Malta Central Authority
Market price	100 % ⇌
Country	Malta
ISIN code	MT3100016836 ( in EUR )
Interest rate	0%
Maturity	18/05/2023 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	32 725 000 EUR
Detailed description	Malta's central government operates under a parliamentary republic system, with executive power vested in the Prime Minister and Cabinet, and legislative power held by a unicameral Parliament. An informative review of the sovereign debt instrument identified by ISIN MT3100016636, issued by the Central Government of Malta, confirms its full and timely redemption; the Central Government of Malta, acting as the sovereign issuer, represents the supreme administrative authority of the nation, responsible for managing public finances and raising capital through instruments like this bond, which are typically backed by the full faith and credit of the Republic of Malta; this particular bond, issued in Euros (EUR) and originating from Malta, was a notable zero-coupon instrument, featuring a 0% interest rate, meaning investors purchased it at a discount and received its face value at maturity, with a total issuance size of ?32,725,000; its maturity date was set for May 18, 2023, and although a payment frequency of '1' was indicated, this specifically referred to the single principal repayment at maturity given its zero-coupon nature rather than regular interest disbursements; the bond reached its maturity on May 18, 2023, and was successfully redeemed at 100% of its par value, thereby concluding its financial lifecycle and ensuring investors received their principal back as scheduled.