Bond Romannia 7.125% ( US77586RAR12 ) in USD
Issuer | Romannia | ||
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ISIN code |
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Interest rate | 7.125% per year ( payment 2 times a year) | ||
Maturity | 16/01/2033 | ||
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Minimal amount | 2 000 USD | ||
Total amount | 1 600 000 000 USD | ||
Cusip | 77586RAR1 | ||
Next Coupon | 17/01/2026 ( In 120 days ) | ||
Detailed description |
Romania is a country in Southeast Europe known for its diverse natural landscapes, including the Carpathian Mountains and the Danube Delta, a rich history, and a vibrant cultural heritage. This financial article provides a comprehensive overview of a specific sovereign bond issued by the Republic of Romania, an emerging market economy and European Union member state that has been actively pursuing macroeconomic stability and structural reforms aimed at fostering sustainable growth and strengthening its fiscal position. Identified by ISIN US77586RAR12 and CUSIP 77586RAR1, this U.S. Dollar-denominated obligation, issued from Romania, currently trades on the market at 93.88% of its face value, offering a fixed annual interest rate of 7.125% which is distributed to bondholders with a payment frequency of two times per year. The total size of this particular issuance amounts to $1,500,000,000, with a minimum purchase requirement set at $2,000 per unit, and is scheduled to mature on January 17, 2033. |