Bond Armenie 0% ( AMGT0804B166 ) in AMD

Issuer Armenie
Market price 100 %  ⇌ 
Country  Armenia
ISIN code  AMGT0804B166 ( in AMD )
Interest rate 0%
Maturity 04/11/2016 - Bond has expired



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Minimal amount 100 AMD
Total amount 3 700 000 000 AMD
Detailed description Armenia, a landlocked country in the Caucasus region, boasts a rich history, ancient monasteries, stunning landscapes, and a vibrant culture.

The Republic of Armenia, acting as a sovereign issuer in the global financial markets, recently concluded the lifecycle of its zero-coupon bond, ISIN AMGT0804B166, which matured and was fully redeemed on November 4, 2016, at its 100% par value. This debt instrument, denominated in Armenian Dram (AMD) and characterized by its 0% interest rate with a single principal payment at maturity, represented a substantial total issuance size of 3,700,000,000 AMD, offered with a minimum purchase threshold of 100 units, reflecting a completed phase in Armenia's public debt management strategy.