Italy is a country in Southern Europe with a diverse geography encompassing the Alps, Apennine Mountains, and extensive coastlines, known for its rich history, art, culture, and cuisine.
The Republic of Italy, a prominent sovereign issuer within the Eurozone, launched a specific zero-coupon bond (ISIN: XS2181364436) denominated in EUR, which was part of a total issuance valued at ?2,000,000,000 with a minimum purchase increment of ?500,000; this instrument, bearing a 0% interest rate, successfully reached its maturity on June 9, 2021, and has since been fully redeemed at its par value of 100%.
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