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ItalianoBond Argentia 11% ( XS0070531420 ) in ITL
| Issuer | Argentia | ||
| Market price | 100 % ▲ | ||
| Country |  Argentina
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| ISIN code |
 XS0070531420 ( in ITL )
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| Interest rate | 11% per year ( payment 1 time a year) | ||
| Maturity | 05/11/2003 - Bond has expired | ||
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| Minimal amount | 5 000 000 ITL | ||
| Total amount | 500 000 000 000 ITL | ||
| 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. This bond, identified by ISIN code XS0070531420, was issued by the Republic of Argentina, the sovereign entity of the country of issue, as a debt instrument denominated in Italian Lira (ITL) with an 11% interest rate, representing a total issue size of ITL 500,000,000,000 and a minimum purchase amount of ITL 5,000,000; the security matured on November 5, 2003, with an annual payment frequency, reaching a market price of 100% upon its successful redemption. |
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