Bond Argentia 0% ( US040114AX83 ) in USD

Issuer Argentia
Market price 100 %  ▲ 
Country  Argentina
ISIN code  US040114AX83 ( in USD )
Interest rate 0%
Maturity 10/04/2005 - Bond has expired



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Minimal amount 1 000 USD
Total amount 1 000 000 000 USD
Cusip 040114AX8
Detailed description Argentina is the second-largest country in South America, celebrated for its vast and diverse landscapes ranging from the towering Andes Mountains to the Patagonian steppes, and a rich cultural heritage encompassing the passionate tango, world-renowned *asado*, and a significant European influence.

An overview of the bond with ISIN US040114AX83 (CUSIP 040114AX8), issued by the sovereign nation of Argentina with a total issuance size of USD 1,000,000,000 and a minimum purchase of USD 1,000, reveals that despite its stated 0% interest rate and semi-annual payment frequency, the issuer defaulted, ceasing coupon payments, yet the bond, which matured on April 10, 2005, is currently quoted at 100% of its face value.