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ItalianoBond República Dominicana 10% ( DO1002220528 ) in DOP
| Issuer | República Dominicana |
| Market price | 100 % ⇌ |
| Country |  Dominican Republic
|
| ISIN code |
 DO1002220528 ( in DOP )
|
| Interest rate | 10% per year ( payment 1 time a year) |
| Maturity | 11/10/2024 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 10 000 DOP |
| Total amount | 40 000 000 000 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 sovereign bond, identified by ISIN DO1002220528 and issued by the Dominican Republic, has successfully reached its maturity on October 11, 2024, and has been fully redeemed at its par value of 100%. The Dominican Republic, a Caribbean nation recognized for its developing economy primarily driven by tourism, remittances, and mining, originally issued this debt security in its local currency, the Dominican Peso (DOP). This particular issuance carried an annual interest rate of 10% and represented a total issue size of DOP 40,000,000,000, with a minimum acquisition size set at DOP 10,000. The successful redemption of this instrument underscores the issuer's commitment to fulfilling its financial obligations to bondholders. |