Bond Bundesregierung: Republik Österreich 0% ( XS2587581021 ) in EUR

Issuer Bundesregierung: Republik Österreich
Market price 100 %  ⇌ 
Country  Austria
ISIN code  XS2587581021 ( in EUR )
Interest rate 0%
Maturity 22/03/2023 - Bond has expired



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Detailed description Austria's central government operates under a parliamentary system with a federal structure, comprising the Federal President, the Federal Government (Bundesregierung), and the Federal Parliament (Bundesversammlung).

Recent activity in the fixed-income sector highlights the successful maturity and redemption of the Republic of Austria's bond, identified by ISIN XS2587581021; the Republic of Austria, a highly regarded sovereign issuer and a prominent member of the Eurozone, renowned for its robust and stable economy, diligent fiscal management, and strong creditworthiness, fulfilled its obligations concerning this particular debt instrument, a Euro-denominated zero-coupon bond which carried a 0% interest rate throughout its lifecycle, reaching its scheduled maturity date on March 22, 2023, and upon which it was fully reimbursed at its par value, reflecting the reported market price of 100% of its principal, thereby completing its single principal payment event to bondholders.