Bond Serbien 0% ( RSMFRSD78348 ) in RSD

Issuer	Serbien
Market price	100 % ⇌
Country	Serbia
ISIN code	RSMFRSD78348 ( in RSD )
Interest rate	0%
Maturity	07/05/2015 - Bond has expired
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Minimal amount	10 000 RSD
Total amount	1 351 600 000 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. An examination of a specific debt instrument issued by the Republic of Serbia, a sovereign state located at the crossroads of Central and Southeast Europe, provides insight into its public debt management. This particular bond, identified by the International Securities Identification Number (ISIN) RSMFRSD78348, was denominated in the national currency, the Serbian Dinar (RSD). The bond was characterized by a zero percent (0%) interest rate, consistent with a zero-coupon structure where the instrument is typically issued at a discount and redeemed at its face value. The total issuance size for this obligation was 1,351,600,000 RSD, with a minimum investment unit of 10,000 RSD. At its maturity date of May 7, 2015, the bond was quoted at 100% of its face value, signaling its successful full repayment and redemption to bondholders, thereby concluding its lifecycle within the Serbian debt market.