Bond Bundesregierung: Republik Österreich 0% ( XS2663614084 ) in USD

Issuer Bundesregierung: Republik Österreich
Market price 100 %  ⇌ 
Country  Austria
ISIN code  XS2663614084 ( in USD )
Interest rate 0%
Maturity 02/11/2023 - Bond has expired



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount /
Total amount /
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 recent financial update confirms the successful maturity and full repayment of a specific bond issued by the Central Government of the Republic of Austria. Identified by its International Securities Identification Number (ISIN) XS2663614084, this bond represented a direct debt obligation of the Austrian state, a highly regarded sovereign issuer within the European Union and the Eurozone, known for its consistent economic stability and prudent fiscal management, ensuring high confidence among international investors. This particular instrument, denominated in United States Dollars (USD), was characterized by a 0% interest rate, classifying it as a zero-coupon bond, where the investor's return is derived from the difference between the discounted acquisition price and the full par value received at maturity, rather than through periodic coupon payments. Although a standard data field indicated a payment frequency of 2, this specifically refers to typical semi-annual distributions that, in the case of a zero-coupon bond, were not applicable. With its definitive maturity date of November 2, 2023, the bond has officially completed its term, with market data at the point of redemption showing a price of 100%, signifying its full and timely repayment to all bondholders. This successful redemption highlights the reliability and commitment of sovereign issuers such as Austria in honoring their financial obligations to the global market.