Bond Armenie 0% ( AMGT52049237 ) in AMD

Issuer	Armenie
Market price	100 % ⇌
Country	Armenia
ISIN code	AMGT52049237 ( in AMD )
Interest rate	0%
Maturity	04/09/2023 - Bond has expired
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Minimal amount	100 AMD
Total amount	10 800 000 000 AMD
Detailed description	Armenia, a landlocked country in the Caucasus region, boasts a rich history, ancient monasteries, stunning landscapes, and a vibrant culture. The bond identified by ISIN AMGT52049237, issued by the Republic of Armenia, has successfully reached its maturity on September 4, 2023, and has been fully repaid. As the sovereign issuer of this debt instrument, Armenia is a nation situated in the South Caucasus region, actively engaged in its economic development and fiscal management strategies, often utilizing public debt instruments to fund national priorities. This specific bond, denominated in Armenian Dram (AMD), was part of a total issuance valued at 10,800,000,000 AMD, with a minimum purchase size set at 100 AMD. Notably, it featured a 0% interest rate and a payment frequency of 1, characteristic of instruments where the full principal is returned at maturity. The bond's market price at the time of its maturity and repayment stood at 100%, confirming the complete redemption of its principal to investors.