Bond Albanian 0% ( AL1781TB1Y18 ) in ALL

Issuer	Albanian
Market price	100 % ⇌
Country	Albania
ISIN code	AL1781TB1Y18 ( in ALL )
Interest rate	0%
Maturity	08/02/2018 - Bond has expired
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Minimal amount	100 ALL
Total amount	9 700 000 000 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. Delving into the realm of sovereign debt instruments, the bond identified by ISIN AL1781TB1Y18, issued by Albania, represents a noteworthy case study in public finance management, with Albania itself being a Western Balkan nation actively pursuing economic reforms and European Union integration, its sovereign issuances like this one serving as a barometer of its fiscal health and its engagement with capital markets; this particular obligation, denominated in the local currency, the Albanian Lek (ALL), was characterized by a zero-coupon rate, meaning it did not provide periodic interest payments but was likely issued at a discount, offering returns upon its repayment at par, with a total original issuance size amounting to 9,700,000,000 ALL and a minimum acquisition tranche set at 100 ALL, signifying accessibility for various investor profiles, and having successfully reached its maturity on February 8, 2018, it was fully repaid at 100% of its face value, concluding its lifecycle as a redeemed financial instrument.