Bond Aotearoa 0% ( NZRTBDTLE5C0 ) in NZD
Issuer | Aotearoa |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 05/05/2021 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 000 NZD |
Total amount | 600 000 000 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. A sovereign bond identified by ISIN NZRTBDTLE5C0, issued by New Zealand, a highly-rated, developed economy with a robust financial framework, has successfully reached its maturity and been fully redeemed on May 5, 2021. Denominated in New Zealand Dollars (NZD), this specific zero-coupon instrument, which bore a 0% interest rate and was designed with a single payment frequency upon maturity, had a total issuance size of NZD 600,000,000, with a minimum purchase threshold set at NZD 1,000. At its maturity, the bond's market price stood at 100%, confirming the full repayment of principal to bondholders. |