Bond Finnland 1.25% ( XS0550739535 ) in USD

Issuer	Finnland
Market price	100 % ⇌
Country	Finland
ISIN code	XS0550739535 ( in USD )
Interest rate	1.25% per year ( payment 2 times a year)
Maturity	19/10/2015 - Bond has expired
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Minimal amount	100 000 USD
Total amount	2 000 000 000 USD
Detailed description	Finland is a Nordic country known for its stunning natural landscapes, high quality of life, strong emphasis on education and technology, and unique sauna culture. An in-depth look at a specific sovereign bond issuance from the Republic of Finland reveals the financial characteristics and eventual successful repayment of the security identified by ISIN code XS0550739535. The issuer of this particular obligation, the Republic of Finland, is recognized globally as a stable and creditworthy sovereign entity, belonging to the European Union and the Eurozone, which typically commands investor confidence in its debt instruments and maintains its country of issuance within Finland. This specific bond, classified as an 'Obligation,' was denominated in U.S. Dollars (USD), reflecting a strategy to tap into a broader international investor base. It carried a fixed annual interest rate (coupon) of 1.25%, with payments distributed semi-annually, indicating a payment frequency of two times per year. The total size of the issuance amounted to 2,000,000,000 USD, representing a substantial capital raise, with a minimum purchase size set at 100,000 USD, typically catering to institutional investors or high-net-worth individuals. Upon its original issuance, the bond was priced at 100% of its par value, reflecting its initial valuation. Crucially, this bond reached its maturity date on October 19, 2015, and as per its terms, the principal amount was fully repaid to bondholders on this date, confirming that the obligation has been successfully settled and is no longer outstanding.