Bond Albanian 0% ( AL000A3LKGH1 ) in ALL

Issuer	Albanian
Market price	100 % ▲
Country	Albania
ISIN code	AL000A3LKGH1 ( in ALL )
Interest rate	0%
Maturity	05/10/2023 - Bond has expired
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Detailed description	Albania is a small, mountainous country in Southeastern Europe, bordering Montenegro, Kosovo, North Macedonia, and Greece, known for its diverse landscapes, rich history, and relatively untouched coastline. A financial instrument identified by ISIN AL000A3LKGH1, classified as a bond, has officially reached its maturity date and been fully repaid. This sovereign debt instrument was issued by the Republic of Albania, a nation strategically located in Southeast Europe, currently holding candidate status for European Union membership and actively pursuing economic reforms aimed at fostering sustainable growth and strengthening public finances within its burgeoning economy. The bond, denominated in the Albanian Lek (ALL), carried a 0% interest rate and matured on October 5, 2023. Its market price at the time of maturity stood at 100%, indicating that the principal amount was fully reimbursed to bondholders upon its expiration. The specified payment frequency of '1' for this zero-coupon-like instrument signifies a single payment event, encompassing the return of capital, which has now been successfully completed by the Albanian government.