Bond República Dominicana 6.25% ( DO1005207712 ) in USD
Issuer | República Dominicana |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 6.25% per year ( payment 2 times a year) |
Maturity | 26/12/2026 |
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Minimal amount | 1 000 000 USD |
Total amount | 495 000 000 USD |
Next Coupon | 26/12/2025 ( In 101 days ) |
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. A notable fixed-income instrument currently in the market is a bond issued by the Dominican Republic, identifiable by its ISIN code DO1005207712. The Dominican Republic, both the issuer and the country of issuance for this security, represents the largest economy in the Caribbean and Central American region, characterized by a robust services sector including tourism, remittances, and free trade zones, complemented by a diversified agricultural base and a track record of consistent economic growth that supports its sovereign debt obligations. This bond, denominated in US Dollars (USD), offers a fixed interest rate, or coupon, of 6.25%. Investors in this security can anticipate semi-annual interest payments, given the specified frequency of two per year, leading up to its maturity date on December 26, 2026. The total size of this bond issue amounts to $495,000,000, and it is currently trading at 100% of its par value on the market. With a minimum purchase size set at $1,000,000, this instrument is primarily positioned for institutional or substantial individual investment portfolios seeking exposure to emerging market sovereign debt. |