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ItalianoBond Albanian 0% ( AL1854TB1Y20 ) in ALL
| Issuer | Albanian |
| Market price | 100 % ⇌ |
| Country |  Albania
|
| ISIN code |
 AL1854TB1Y20 ( in ALL )
|
| Interest rate | 0% |
| Maturity | 20/08/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 100 ALL |
| Total amount | 9 800 000 000 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. The Republic of Albania, an emerging market economy in Southeast Europe known for its ongoing economic reforms and aspirations for European Union integration, recently concluded the lifecycle of one of its sovereign debt instruments, specifically a bond identified by ISIN code AL1854TB1Y20, which, denominated in the national currency, the Albanian Lek (ALL), and representing a total issuance size of ALL 9,800,000,000, with a minimum purchase size set at ALL 100, officially reached its maturity date on August 20, 2020, and was subsequently redeemed at its par value of 100%, thus completing its full repayment despite featuring an unconventional 0% interest rate with an implied single payment frequency over its term, marking a successful close for this particular domestic obligation. |