Bond Albanian 4.62% ( AL0155NF2Y17 ) in ALL

Issuer	Albanian
Market price	100 % ⇌
Country	Albania
ISIN code	AL0155NF2Y17 ( in ALL )
Interest rate	4.62% per year ( payment 1 time a year)
Maturity	24/08/2017 - Bond has expired
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Minimal amount	100 ALL
Total amount	2 663 400 000 ALL
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. The Republic of Albania, a sovereign nation in Southeast Europe with an emerging market economy actively pursuing European integration, successfully redeemed its AL0155NF2Y17 bond on its maturity date of August 24, 2017. This government bond, issued by the Albanian state and denominated in its national currency, the Albanian Lek (ALL), carried an annual interest rate of 4.62%. The total size of this particular issuance amounted to 2,663,400,000 ALL, with a minimum purchase size set at 100 units for investors. Prior to its full repayment, the bond's market price was noted at 100% of its par value, indicating a stable valuation leading up to its maturity. Interest payments for this security were made annually, with a frequency of one payment per year. The successful and timely reimbursement of this obligation underscores the Republic of Albania's consistent adherence to its financial commitments as a sovereign issuer in the debt markets.