Bond Armenie 0% ( AMGT52255104 ) in AMD

Issuer	Armenie
Market price	100 % ⇌
Country	Armenia
ISIN code	AMGT52255104 ( in AMD )
Interest rate	0%
Maturity	25/05/2010 - Bond has expired
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Minimal amount	100 AMD
Total amount	1 000 000 000 AMD
Detailed description	Armenia, a landlocked country in the Caucasus region, boasts a rich history, ancient monasteries, stunning landscapes, and a vibrant culture. This financial instrument, identified by ISIN AMGT52255104, represents a sovereign bond issued by Armenia, a country strategically located in the South Caucasus region, recognized for its ongoing economic development and its commitment to financial stability as an emerging market. Denominated in Armenian Dram (AMD), the bond had a total issuance size of 1,000,000,000 AMD, with a minimum investment unit of 100 AMD. Characterized by a 0% interest rate, it was structured as a zero-coupon bond, implying that investor returns were generated from the discount at which it was initially purchased relative to its par value at redemption. Despite a listed payment frequency of 1, this specific characteristic, common for annual coupon disbursements, primarily pertains to the single principal repayment for a zero-coupon instrument. The bond matured on May 25, 2010, and has since been fully reimbursed at its 100% par value, confirming the complete fulfillment of Armenia's financial obligation to the bondholders.