Bond Serbien 0% ( RSMFRSD57417 ) in RSD

Issuer	Serbien
Market price	100 % ⇌
Country	Serbia
ISIN code	RSMFRSD57417 ( in RSD )
Interest rate	0%
Maturity	13/02/2013 - Bond has expired
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Minimal amount	10 000 RSD
Total amount	9 770 530 000 RSD
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. This financial article details a specific sovereign bond, identified by its International Securities Identification Number (ISIN) RSMFRSD57417, which was issued by the Republic of Serbia, serving as both the bond's issuer and the country of issuance. The Republic of Serbia, a sovereign state in Southeast Europe, regularly participates in capital markets by issuing government bonds to fund public expenditure, manage its national debt, and support its economic development, thereby demonstrating its role as a significant financial entity. This particular bond, denominated in Serbian Dinars (RSD), represented a total issuance size of RSD 9,770,530,000, with a minimum purchase amount set at RSD 10,000, making it accessible to a range of investors. A distinctive feature was its 0% interest rate, which implies it was a zero-coupon bond, typically sold at a discount to its face value, with investors' returns realized from the difference between the purchase price and the full principal repayment at maturity. The bond reached its maturity on February 13, 2013, at which point its market price was 100% of its nominal value, and it had a payment frequency of '1', confirming a single principal repayment event. Crucially, this bond successfully matured and has since been fully redeemed and repaid, underscoring Serbia's adherence to its debt obligations and the successful conclusion of this particular financial instrument's lifecycle.