Bond República Dominicana 12% ( DO1005224121 ) in DOP

Issuer República Dominicana
Market price 100 %  ⇌ 
Country  Dominican Republic
ISIN code  DO1005224121 ( in DOP )
Interest rate 12% per year ( payment 1 time a year)
Maturity 07/08/2015 - Bond has expired



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Minimal amount 100 000 DOP
Total amount 3 000 000 000 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 DO1005224121 bond, a sovereign obligation issued by the Dominican Republic, a Caribbean nation with a developing economy that periodically accesses international debt markets to finance its development and public expenditure, was a DOP-denominated instrument carrying a 12% interest rate, issued for an aggregate amount of DOP 3,000,000,000 with a minimum purchase size of DOP 100,000, which reached its maturity date on August 7, 2015, and was fully redeemed at 100% of its face value, concluding its lifecycle as a successfully managed debt instrument by the issuer.