Bond República Dominicana 11% ( DO1002216112 ) in DOP
Issuer | República Dominicana |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 11% per year ( payment 1 time a year) |
Maturity | 03/02/2023 - Bond has expired |
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Minimal amount | 10 000 DOP |
Total amount | 802 970 000 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. This financial analysis focuses on bond ISIN DO1002216112, a debt instrument issued by the Dominican Republic, a vibrant Caribbean nation recognized for its robust tourism sector and diversified economy, serving as the sovereign issuer of this obligation. The bond, denominated in Dominican Pesos (DOP), featured a coupon rate of 11% and represented a total issuance size of DOP 802,970,000, with a minimum purchase amount of DOP 10,000. Structured with an annual payment frequency, this particular obligation reached its maturity on February 3, 2023, and has since been successfully redeemed at its 100% par value, confirming its full repayment to investors. |