Bond Argentia 4.25% ( ARARGE5207I9 ) in USD
Issuer | Argentia |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 4.25% per year ( payment 2 times a year) |
Maturity | 02/03/2020 - Bond has expired |
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Minimal amount | 1 USD |
Total amount | 330 634 488 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. Argentina, an emerging market sovereign issuer frequently subject to economic volatility and debt restructuring events, successfully fulfilled its obligation concerning the USD-denominated bond (ISIN: ARARGE5207I9), which carried a 4.25% annual interest rate, an original issue size of 330,634,488 units with a minimum purchase of 1, and matured on March 2, 2020, having made semi-annual interest payments and ultimately being fully repaid at its 100% par value. |