Bond Aotearoa 0% ( NZRTBDTKL2C9 ) in NZD

Issuer	Aotearoa
Market price	100 % ⇌
Country	New Zealand
ISIN code	NZRTBDTKL2C9 ( in NZD )
Interest rate	0%
Maturity	02/12/2020 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 NZD
Total amount	900 000 000 NZD
Detailed description	New Zealand is a geographically diverse island nation in the southwestern Pacific Ocean, known for its stunning natural landscapes, including fjords, mountains, volcanoes, and glaciers, alongside a unique and rich M?ori culture. This financial overview details a New Zealand government bond, identified by ISIN NZRTBDTKL2C9, which has successfully reached its maturity and been fully repaid. The issuer, New Zealand, is recognized as a stable, developed economy and a sovereign entity with a strong credit profile, routinely engaging in domestic and international debt markets to finance its operations. This specific debt instrument, denominated in New Zealand Dollars (NZD), represented a substantial total issuance volume of NZD 900,000,000. Notably, it was structured as a zero-coupon bond, characterized by its 0% interest rate, meaning investors received their full principal back at maturity without periodic interest payments. The minimum purchase size for this bond was NZD 1,000. It reached its maturity date on December 2, 2020, at which point it was redeemed at 100% of its face value, reflecting its final market price at the time of repayment. The single payment frequency is consistent with its zero-coupon structure, as the entire return to the investor was realized upon its due date.