Bond Armenie 0% ( AMGT26317173 ) in AMD

Issuer	Armenie
Market price	100 % ⇌
Country	Armenia
ISIN code	AMGT26317173 ( in AMD )
Interest rate	0%
Maturity	31/07/2017 - Bond has expired
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Minimal amount	100 AMD
Total amount	500 000 000 AMD
Detailed description	Armenia, a landlocked country in the Caucasus region, boasts a rich history, ancient monasteries, stunning landscapes, and a vibrant culture. A financial instrument identified by the ISIN AMGT26317173, issued by the sovereign state of Armenia, represented a fixed-income obligation denominated in Armenian Dram (AMD) with a total issuance size of 500,000,000 AMD and a minimum purchase size of 100 AMD. This particular bond, originating from Armenia as the issuing country, featured a stated interest rate of 0% and was characterized by a payment frequency of 1, reaching its maturity on July 31, 2017, at which point its market price stood at 100%. As the issuer, Armenia, a nation in the South Caucasus with a developing economy focused on sectors such as mining, agriculture, and emerging technology, leverages such sovereign bonds to manage its public finances and fund government operations, reflecting its engagement in international financial markets and its commitment to debt management. Confirming its full life cycle, this obligation has successfully reached its maturity date and has been fully redeemed, ensuring that all principal outstanding was repaid to bondholders.