Bond Serbien 0% ( RSMFRSD24706 ) in EUR

Issuer	Serbien
Market price	100 % ⇌
Country	Serbia
ISIN code	RSMFRSD24706 ( in EUR )
Interest rate	0%
Maturity	01/09/2017 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	50 000 000 EUR
Detailed description	Serbia is a landlocked Balkan country with a rich history, diverse culture influenced by Slavic, Byzantine, and Ottoman empires, and a developing economy focused on services, agriculture, and industry. A financial review confirms the full repayment of a specific sovereign debt instrument, identified by ISIN code RSMFRSD24706. This bond was issued by the Republic of Serbia, a sovereign state in Southeast Europe that actively participates in global capital markets to secure funding for its public expenditures and economic development initiatives, thereby diligently managing its national debt portfolio. Denominated in EUR, the bond had a total issuance size of EUR 50,000,000, with a minimum purchase increment set at EUR 1,000, making it accessible to a range of institutional and retail investors. Notably, the instrument featured a stated interest rate of 0% and a payment frequency of 1, indicating it was likely structured as a zero-coupon bond, where investor returns are derived from purchasing the bond at a discount and receiving the full principal amount at maturity. Its maturity date was September 1, 2017, and as confirmed, the bond reached its maturity and was fully repaid. At the point of redemption, the bond's market price was 100% of its face value, reflecting a par repayment and the issuer's timely fulfillment of its financial obligations to bondholders.