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ItalianoBond República Dominicana 12% ( DO1002213325 ) in DOP
| Issuer | República Dominicana |
| Market price | 100 % ⇌ |
| Country |  Dominican Republic
|
| ISIN code |
 DO1002213325 ( in DOP )
|
| Interest rate | 12% per year ( payment 1 time a year) |
| Maturity | 07/01/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 DOP |
| Total amount | 676 310 000 DOP |
| Detailed description |
The Dominican Republic, occupying the eastern two-thirds of the island of Hispaniola, is a Caribbean nation known for its diverse geography, including lush rainforests, stunning beaches, and the Caribbean's highest mountain peak, Pico Duarte. The Dominican Republic, a sovereign nation in the Caribbean with a developing, tourism-driven economy, successfully concluded the lifecycle of its bond identified by ISIN DO1002213325, which matured and was fully repaid on January 7, 2022. This debt instrument, denominated in Dominican Pesos (DOP), was issued with a notable interest rate of 12% and comprised a total issue size of 676,310,000 DOP, with a minimum investment threshold of 10,000 DOP. At its maturity, the bond was redeemed at its par value, reflecting a 100% current market price at the point of repayment, underscoring the fulfillment of this financial obligation by the Dominican state. |