Bond Albanian 0% ( AL1775TB1Y17 ) in ALL

Issuer	Albanian
Market price	100 % ⇌
Country	Albania
ISIN code	AL1775TB1Y17 ( in ALL )
Interest rate	0%
Maturity	21/12/2017 - Bond has expired
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Minimal amount	100 ALL
Total amount	6 037 640 000 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. An in-depth review focuses on the sovereign bond identified by ISIN code AL1775TB1Y17, an instrument issued by the Republic of Albania, a sovereign state located in Southeast Europe actively engaged in its pursuit of European Union integration and managing the dynamics of an emerging market economy. This specific obligation, denominated in the Albanian Lek (ALL), represented a significant total issuance size of 6,037,640,000 ALL within the nation's public finance framework. Notably, the bond featured a 0% interest rate, characteristic of a zero-coupon instrument, implying it was originally issued at a discount to its par value, with investor returns realized upon its full repayment at maturity. The minimum purchase size for this bond was set at 100 ALL, facilitating broader market participation. The bond reached its specified maturity on December 21, 2017, and has since been fully repaid at 100% of its face value, signifying its successful redemption by the issuer. This successful repayment underscores Albania's consistent commitment as a sovereign entity to fulfilling its financial obligations and effectively managing its public debt, thereby reinforcing its overall fiscal credibility in the international financial markets.