Bond Albanian 0% ( AL1966TB1Y23 ) in ALL

Issuer	Albanian
Market price	100 % ▲
Country	Albania
ISIN code	AL1966TB1Y23 ( in ALL )
Interest rate	0%
Maturity	31/08/2023 - Bond has expired
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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. This financial report details the recent maturity and full redemption of a specific debt instrument, a bond identified by the ISIN code AL1966TB1Y23, issued by the Republic of Albania, a sovereign entity in Southeast Europe that actively participates in international capital markets to finance its public expenditures and economic development initiatives through various debt issuances; denominated in the Albanian Lek (ALL) and notably carrying a 0% interest rate, signifying the absence of periodic coupon payments, this bond successfully reached its stipulated maturity date of August 31, 2023, with its singular payment frequency indicating a single principal repayment, and was fully redeemed at its 100% market price, confirming the complete reimbursement of capital to its bondholders upon the conclusion of its term.