Bond Bundesregierung: Republik Österreich 0% ( XS2597673008 ) in EUR

Issuer Bundesregierung: Republik Österreich
Market price 100 %  ⇌ 
Country  Austria
ISIN code  XS2597673008 ( in EUR )
Interest rate 0%
Maturity 11/04/2023 - 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).

A detailed analysis of a specific debt instrument, identified by ISIN XS2597673008, reveals it to be a bond issued by the Republic of Austria, the central government and sovereign issuer of the nation of Austria, a highly regarded entity in the European financial landscape known for its robust economic policies and prudent fiscal management, with this particular obligation, denominated in EUR and originating from Austria, having carried a 0% interest rate?thus qualifying as a zero-coupon bond?and observed at a market price of 100% at its conclusion, having successfully matured and been fully redeemed on its designated maturity date of April 11, 2023, thereby completing its financial lifecycle.