Bond Argentia 0.1% ( ARARGE320A44 ) in USD

Issuer	Argentia
Market price	100 % ⇌
Country	Argentina
ISIN code	ARARGE320A44 ( in USD )
Interest rate	0.1% per year ( payment 2 times a year)
Maturity	29/04/2022 - Bond has expired
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Minimal amount	1 USD
Total amount	1 703 750 432 USD
Detailed description	Argentina is the second-largest country in South America, celebrated for its vast and diverse landscapes ranging from the towering Andes Mountains to the Patagonian steppes, and a rich cultural heritage encompassing the passionate tango, world-renowned asado, and a significant European influence. The Argentine Republic, a sovereign entity often noted for its dynamic economic landscape and complex financial history, has seen the successful completion of a significant bond issuance. This specific obligation, identified by the ISIN ARARGE320A44 and denominated in US Dollars (USD), featured a relatively low annual interest rate of 0.1%. The total issue size amounted to a substantial $1,703,750,432, with a minimum purchase size set at just $1, making it highly accessible to investors. Interest payments were structured to occur twice per year, aligning with a common semi-annual distribution schedule. The bond reached its scheduled maturity date on April 29, 2022. Consistent with its impending redemption, the instrument was observed trading at 100% of its par value on the market prior to its maturity. As confirmed, this obligation has successfully matured and been fully repaid to its bondholders, concluding its lifecycle within the sovereign's financial portfolio.