Bond Rijksoverheid 0% ( NL0000103315 ) in EUR
Issuer | Rijksoverheid |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 0% |
Maturity | 15/01/2024 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 55 EUR |
Total amount | / |
Detailed description |
The Kingdom of the Netherlands' central government is responsible for matters of foreign affairs, defense, and the Kingdom's overall constitutional framework, while the constituent countries (Netherlands, Curaçao, Aruba, and Sint Maarten) manage their internal affairs autonomously. The bond identified by ISIN NL0000103315, a debt instrument issued by the Central Government of the Kingdom of the Netherlands, has successfully reached its maturity and been fully reimbursed. This specific obligation, denominated in Euros (EUR), was characterized by a 0% interest rate, a feature typical of certain sovereign issues during periods of particular market conditions, where investors might seek capital preservation or liquidity. Originally issued by the Netherlands, a highly reputable sovereign entity within the Eurozone, the bond had a stipulated maturity date of January 15, 2024. Its design included a minimum purchase size of 55 units, and while the frequency of payment was indicated as once, this would primarily refer to the principal repayment given the zero-coupon nature. The stated market price of 100% at maturity confirms its redemption at par value. The issuer, the Central Government of the Kingdom of the Netherlands, stands as a prime example of a stable and creditworthy sovereign borrower on the global stage. As the national government, it is responsible for managing the Netherlands' public finances, implementing economic policies, and financing vital public services and infrastructure through bond issuances like this one. Its strong fiscal discipline, robust economy, and deep integration into European financial structures underpin its high credit ratings, making its debt obligations considered among the safest investments within the fixed income universe. This particular bond?s lifecycle has concluded with its full repayment, affirming the issuer's commitment to its financial obligations. |