Bond Albanian 0% ( AL1931TB1Y22 ) in ALL

Issuer Albanian
Market price 100 %  ⇌ 
Country  Albania
ISIN code  AL1931TB1Y22 ( in ALL )
Interest rate 0%
Maturity 01/12/2022 - Bond has expired



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Minimal amount 100 ALL
Total amount 6 799 980 000 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 sovereign bond, identified by ISIN AL1931TB1Y22, underscores the Republic of Albania's financial market engagements. Issued by the Albanian government, this debt instrument, categorized as a bond, reached its full maturity on December 1, 2022, and has since been successfully reimbursed to its holders. Albania, an emerging economy located in the Western Balkans, actively participates in international and domestic capital markets to fund its public expenditures and development projects. As a sovereign issuer, its ability to consistently meet its financial obligations, like the successful redemption of this bond, is a crucial indicator of its fiscal health and creditworthiness within the global financial community. This particular bond, denominated in the Albanian Lek (ALL), had a substantial total issue size of 6,799,980,000 ALL, with a minimum purchase denomination set at 100 units. A distinctive feature of this instrument was its stated 0% interest rate. This characteristic typically indicates a zero-coupon bond structure, where investors' returns are derived from the discount at which the bond is initially purchased relative to its par value. At its maturity, the bond was reported to be valued at 100% of its face value on the market, consistent with its successful and full redemption. The reported single payment frequency signifies that the principal amount was repaid in full upon maturity. The successful reimbursement of ISIN AL1931TB1Y22 not only marks the orderly conclusion of its lifecycle but also further solidifies Albania's standing as a reliable sovereign borrower committed to honoring its commitments to bondholders.