Bond República Dominicana 10.875% ( XS1355504181 ) in DOP

Issuer	República Dominicana
Market price	100 % ⇌
Country	Dominican Republic
ISIN code	XS1355504181 ( in DOP )
Interest rate	10.875% per year ( payment 2 times a year)
Maturity	13/01/2026
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Next Coupon	14/01/2026 ( In 120 days )
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. An analysis of a specific debt instrument reveals a sovereign bond issued by the Dominican Republic, identified by ISIN XS1355504181, which is currently trading at par (100% of its face value) on the market. This bond, denominated in Dominican Pesos (DOP) and issued by the Dominican Republic?a Caribbean nation with a dynamic and growing economy primarily driven by tourism, remittances, and free trade zones, positioning it as an active emerging market sovereign issuer?carries a fixed annual interest rate of 10.875%, with investors receiving payments semi-annually, reflecting the specified payment frequency of two times per year, and is set to mature on January 13, 2026.