Bond Armenie 0% ( AMGT52224100 ) in AMD

Issuer	Armenie
Market price	100 % ⇌
Country	Armenia
ISIN code	AMGT52224100 ( in AMD )
Interest rate	0%
Maturity	22/04/2010 - Bond has expired
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Minimal amount	100 AMD
Total amount	1 500 000 000 AMD
Detailed description	Armenia, a landlocked country in the Caucasus region, boasts a rich history, ancient monasteries, stunning landscapes, and a vibrant culture. An examination of the sovereign debt instrument identified by ISIN AMGT52224100, issued by the Republic of Armenia, a landlocked nation in the South Caucasus with a developing economy that has demonstrated increasing engagement with international financial markets, reveals the specific attributes of this obligation: it was denominated in Armenian Dram (AMD), representing a total issuance size of 1,500,000,000 AMD with a minimum purchase requirement of 100 AMD, notably structured as a zero-coupon bond carrying a zero percent interest rate, implying that investor returns would have derived from the discount at which it was initially acquired rather than recurring interest payments; its maturity date was April 22, 2010, at which point its market price was 100% of its face value, and it has since been confirmed as fully redeemed and repaid, underscoring the issuer's historical adherence to its financial commitments.