Bond Sachsen-Anhalt 0% ( XS1716846099 ) in GBP

Issuer Sachsen-Anhalt
Market price 100 %  ⇌ 
Country  Germany
ISIN code  XS1716846099 ( in GBP )
Interest rate 0%
Maturity 15/11/2018 - Bond has expired



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Minimal amount 100 000 GBP
Total amount 50 000 000 GBP
Detailed description Saxony-Anhalt is a German state in central Germany, known for its historical sites, including medieval towns like Quedlinburg and Magdeburg, and its significant role in German history.

An examination of the bond identified by ISIN XS1716846099 reveals it was a zero-coupon obligation issued by Saxony-Anhalt, one of Germany's sixteen federal states, which as a sub-sovereign entity often accesses capital markets for public financing; this GBP-denominated bond, with an original total issuance size of 50,000,000 and a minimum lot size of 100,000, was observed trading at 100% of its value prior to its maturity on November 15, 2018, and has since been fully redeemed.