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ItalianoBond República Dominicana 10% ( DO1005241224 ) in DOP
| Issuer | República Dominicana |
| Market price | 100 % ⇌ |
| Country |  Dominican Republic
|
| ISIN code |
 DO1005241224 ( in DOP )
|
| Interest rate | 10% per year ( payment 1 time a year) |
| Maturity | 10/02/2017 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 DOP |
| Total amount | 36 970 000 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 specific debt instrument, identified by ISIN DO1005241224, was a sovereign bond issued by the Dominican Republic, a developing nation in the Caribbean known for its tourism and growing economy, within its own jurisdiction. Denominated in Dominican Pesos (DOP), this obligation carried an annual interest rate of 10%, paid annually. The total issuance size amounted to 36,970,000 DOP, with a minimum investment threshold set at 1,000 DOP, and prior to its maturity, it was observed trading at 100% of its par value on the market. This bond successfully reached its maturity on February 10, 2017, and has subsequently been fully redeemed, demonstrating the Dominican Republic's fulfillment of its financial commitments to its bondholders. |