Bond República Dominicana 7% ( XS0828446194 ) in USD
Issuer | República Dominicana |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 7% per year ( payment 2 times a year) |
Maturity | 31/07/2023 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | / |
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 financial article provides a comprehensive overview of a matured sovereign bond, identified by ISIN XS0828446194, issued by the Dominican Republic, a prominent Caribbean nation with a developing economy driven by tourism, remittances, and exports, which served as both the sovereign issuer and the country of origin for this specific debt instrument; initially denominated in USD, this bond featured a 7% interest rate, a minimum purchase size of 1000 units, and a semi-annual payment frequency, having reached its maturity on July 31, 2023, at which point it was fully repaid, reflecting its final market valuation at 100% of its face value. |