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ItalianoBond Sweden 0% ( SE0013409661 ) in SEK
| Issuer | Sweden | ||||||
| Market price | 100 % ⇌ | ||||||
| Country |  Sweden
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| ISIN code |
 SE0013409661 ( in SEK )
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| Interest rate | 0% | ||||||
| Maturity | 02/19/2020 - Bond has expired | ||||||
| Minimal amount | 5 000 SEK | ||||||
| Total amount | 5 000 000 000 SEK | ||||||
| Detailed description |
Sweden is a Scandinavian country known for its high quality of life, advanced social welfare system, and stunning natural landscapes. An obligation identified by ISIN SE0013409661, issued by Sweden, a highly regarded sovereign entity recognized for its robust economy and stable financial governance, has successfully matured and been repaid. This particular bond, denominated in Swedish Kronor (SEK), was part of a total issuance of 5,000,000,000 SEK, with a minimum acquisition size set at 5,000 SEK. Characterized by a 0% interest rate and a payment frequency of 1, it functioned effectively as a zero-coupon bond, implying that investors purchased it at a discount and received its full face value upon maturity, which was established as February 19, 2020. Sweden, as the country of issuance, benefits from a strong institutional framework and prudent fiscal policies, underscoring its reliability as an issuer in global capital markets. The bond's repayment at its 100% market price on maturity confirms the fulfillment of the issuer's obligations, marking the orderly conclusion of this specific debt instrument. |
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