Bond Maltese 0% ( MT3200013709 ) in EUR

Issuer Maltese
Market price 100 %  ⇌ 
Country  Malta
ISIN code  MT3200013709 ( in EUR )
Interest rate 0%
Maturity 02/02/2023 - Bond has expired



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Minimal amount 50 000 EUR
Total amount 10 500 000 EUR
Detailed description Malta is a Southern European island country in the Mediterranean Sea, known for its rich history, diverse architecture blending various cultures, and popular tourist destinations including Valletta, Mdina, and the Blue Lagoon.

An analysis of a recently matured fixed-income instrument issued by the sovereign state of Malta reveals insights into its structure and the issuer's profile, with the bond, uniquely identified by ISIN MT3200013709, having recently completed its lifecycle. This particular bond was denominated in Euro (EUR), representing a total issuance size of ?10,500,000, and was structured with a minimum purchase increment of ?50,000, which typically indicates a target market of institutional investors or those with substantial capital. The issuer, Malta, is a strategically located island nation in the Mediterranean, holding full membership within the European Union since 2004 and the Eurozone since 2008, affiliations that underscore its commitment to economic stability and adherence to robust financial frameworks, with its sovereign debt generally perceived within the context of a developed economy supported by diverse sectors including tourism, financial services, and iGaming. A distinctive characteristic of this bond was its zero-coupon nature, as indicated by a stated interest rate of 0%, alongside its trading at par (100% of its face value) prior to its maturity, suggesting it was likely issued at par and redeemed at par, functioning as a non-interest-bearing instrument tailored perhaps for specific short-term liquidity management or budgetary needs, with the noted payment frequency of '1' corresponding to the single principal repayment due at the end of its term. This fixed-income security successfully reached its scheduled maturity date on February 2, 2023, and has subsequently been fully redeemed, signifying the complete repayment of all outstanding principal to its bondholders.