Bond România 0% ( RO1515CTN0B0 ) in RON

Issuer	România
Market price	100 % ⇌
Country	Romania
ISIN code	RO1515CTN0B0 ( in RON )
Interest rate	0%
Maturity	23/09/2015 - Bond has expired
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Minimal amount	5 000 RON
Total amount	400 000 000 RON
Detailed description	Romania is a Southeastern European country bordering the Black Sea, known for its diverse landscapes, rich history encompassing Roman, Dacian, and medieval influences, and a vibrant culture featuring traditional music, folklore, and a unique blend of Eastern and Western European traditions. An analysis of the Romanian sovereign debt market highlights the RO1515CTN0B0 bond, a zero-coupon instrument issued by Romania, a European Union member state with a developing market economy that has consistently engaged in both domestic and international financial markets to manage its public finances and fund governmental operations. This specific bond, identified by ISIN RO1515CTN0B0, was denominated in Romanian Lei (RON) and represented a total issuance size of 400,000,000 RON, with a minimum investment denomination set at 5,000 RON. As a zero-coupon bond, it was designed without periodic interest payments, instead being issued at a discount and intended for redemption at its full face value upon maturity. The instrument reached its maturity date on September 23, 2015, and was subsequently repaid at 100% of its nominal value, confirming its successful redemption to investors.