Bond An Roinn Rialtais 0% ( XS2575878785 ) in EUR

Issuer An Roinn Rialtais
Market price 100 %  ⇌ 
Country  Ireland
ISIN code  XS2575878785 ( in EUR )
Interest rate 0%
Maturity 11/04/2023 - Bond has expired



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Detailed description The Irish central government, led by the Taoiseach and Cabinet, operates under a parliamentary system with a bicameral Oireachtas (parliament) comprising the Dáil Éireann (lower house) and Seanad Éireann (upper house).

An analysis of the fixed-income market highlights the recent conclusion of the bond identified by ISIN XS2575878785, an obligation issued by the Republic of Ireland, a central government and sovereign state within the European Union and Eurozone known for its stable economic policies; this Euro-denominated security, originating from Ireland, successfully reached its maturity on April 11, 2023, at which point it was redeemed at its par value of 100%, having been characterized by a 0% interest rate and a payment frequency of 1, indicative of a zero-coupon structure or a single principal repayment at its timely expiry.