Bond Albanian 0% ( AL1887TB6M21 ) in ALL

Issuer	Albanian
Market price	100 % ⇌
Country	Albania
ISIN code	AL1887TB6M21 ( in ALL )
Interest rate	0%
Maturity	06/05/2021 - Bond has expired
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Minimal amount	100 ALL
Total amount	1 000 000 000 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. A recently matured bond issued by the Republic of Albania, identified by ISIN code AL1887TB6M21, has successfully completed its lifecycle, being fully repaid to investors. This sovereign debt instrument, denominated in the national currency, the Albanian Lek (ALL), demonstrates Albania's ongoing engagement in capital markets for public finance management. The bond, which concluded its term on May 6, 2021, reached its maturity with a market price of 100%, indicating a full repayment at par. Notably, this specific issuance carried a zero-coupon rate, meaning no periodic interest payments were made throughout its tenure, with investors realizing returns through the difference between the purchase price and the full repayment value. The total volume of this issuance amounted to ALL 1,000,000,000, illustrating a significant mobilization of domestic capital. With a minimum purchase size set at ALL 100, the bond was accessible to a range of investors. As a sovereign issuer, Albania, an emerging economy in Southeast Europe, frequently utilizes such instruments to finance its budgetary needs and manage its public debt portfolio, with the successful redemption of this bond underscoring its commitment to its financial obligations.