Bond România 0% ( RO1718CTN062 ) in RON

Issuer	România
Market price	100 % ⇌
Country	Romania
ISIN code	RO1718CTN062 ( in RON )
Interest rate	0%
Maturity	26/03/2018 - Bond has expired
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Minimal amount	10 000 RON
Total amount	1 200 000 000 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. This financial analysis details the RO1718CTN062 bond, a sovereign obligation issued by Romania, an established European Union member state and an active participant in global debt markets known for issuing debt instruments to finance its public expenditures. The bond, identified by ISIN RO1718CTN062, was denominated in Romanian Leu (RON) and represented a total issuance size of 1,200,000,000 RON, with a minimum purchase increment set at 10,000 RON. Notably, this was a zero-coupon bond, meaning it carried a 0% interest rate and did not provide periodic interest payments, typically structured to be issued at a discount and redeemed at its full face value. The instrument reached its maturity date on March 26, 2018, at which point it was fully redeemed at 100% of its face value, consistent with its single payment frequency, signifying its successful and timely reimbursement to investors by the Republic of Romania.