Bond Armenie 0% ( AMGT52318159 ) in AMD
Issuer | Armenie |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 0% |
Maturity | 31/08/2015 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
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. **Analysis of Armenia's Matured Sovereign Zero-Coupon Bond (ISIN: AMGT52318159)** This financial article provides a detailed examination of a specific sovereign bond issued by Armenia, identified by its ISIN AMGT52318159. The instrument, a zero-coupon bond, offers a historical perspective on the nation's public finance and debt management strategies. As a sovereign issuer, Armenia is an emerging market economy situated in the South Caucasus region. Its economic base encompasses sectors such as agriculture, mining, and services, often augmented by significant remittances. The Armenian government regularly accesses capital markets, both domestically and internationally, through the issuance of various debt instruments. These issuances are fundamental to its fiscal policy, enabling the financing of public expenditures, infrastructure development, and overall macroeconomic stability. The country's commitment to honoring its financial obligations is a key aspect of its standing in the global financial community. Focusing on the specific bond, identified as ISIN AMGT52318159, it was characterized as an obligation type, denominated in the national currency, the Armenian Dram (AMD), and issued by the Republic of Armenia. The total original issue size for this particular instrument stood at 500,000,000 AMD. A defining characteristic was its zero-coupon nature, indicated by an interest rate of 0%, meaning investors would not receive periodic interest payments but rather purchase the bond at a discount and receive its full face value upon maturity. The minimum investment threshold for this bond was set at 100 AMD. The bond's maturity date was precisely August 31, 2015. While a payment frequency of '1' was listed, for a zero-coupon instrument, this typically denotes a single principal repayment occurring at the bond's maturity. Significantly, this specific bond reached its scheduled maturity on August 31, 2015. At the point of its maturity, the market price was recorded at 100% of its face value, confirming that the obligation was fully repaid to its holders. The successful repayment underscores Armenia's adherence to its sovereign debt commitments. |