Bond República Dominicana 10.75% ( DO1002229925 ) in DOP

Issuer República Dominicana
Market price 100 %  ⇌ 
Country  Dominican Republic
ISIN code  DO1002229925 ( in DOP )
Interest rate 10.75% per year ( payment 1 time a year)
Maturity 07/02/2014 - Bond has expired



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Minimal amount 10 000 DOP
Total amount 4 000 000 000 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.

An analysis of the sovereign debt instrument identified by ISIN DO1002229925 reveals a bond issued by the Dominican Republic, a Caribbean nation actively engaged in the global financial markets to fund its national development and public expenditures. Denominated in Dominican Pesos (DOP), this particular bond carried a fixed interest rate of 10.75% and represented a total issuance size of 4,000,000,000 DOP, with a minimum investment threshold set at 10,000 DOP. The instrument's maturity date was February 7, 2014, with coupon payments structured to occur annually, and at the time of its maturity, the bond was valued at 100% of its par, having since been fully repaid, thereby concluding the issuer's financial commitment for this specific security.