Bond Armenie 10% ( AMGN36294167 ) in AMD

Issuer Armenie
Market price 100 %  ⇌ 
Country  Armenia
ISIN code  AMGN36294167 ( in AMD )
Interest rate 10% per year ( payment 1 time a year)
Maturity 29/04/2016 - Bond has expired



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Minimal amount 10 000 AMD
Total amount 29 115 000 000 AMD
Detailed description Armenia, a landlocked country in the Caucasus region, boasts a rich history, ancient monasteries, stunning landscapes, and a vibrant culture.

A specific bond issuance from the Republic of Armenia, identified by the ISIN code AMGN36294167, has successfully completed its lifecycle, reflecting Armenia's role as a sovereign issuer consistently participating in global financial markets to fund national development initiatives and budgetary requirements, thereby demonstrating its commitment to financial stability; this obligation, denominated in Armenian Dram (AMD), featured an annual interest rate of 10% and represented a total issuance size of 29,115,000,000 AMD, with a minimum purchase threshold set at 10,000 AMD, and, having reached its maturity date of April 29, 2016, has been fully repaid, concluding its financial obligation at 100% of par, ensuring investors received their principal back as scheduled.