Bond Argentína 11.75% ( ARARGE032573 ) in USD

Issuer Argentína
Market price 100 %  ⇌ 
Country  Argentina
ISIN code  ARARGE032573 ( in USD )
Interest rate 11.75% per year ( payment 2 times a year) - Bond is in default, payments are suspended
Maturity 20/05/2003 - Bond has expired



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Minimal amount 1 USD
Total amount 2 797 991 000 USD
Detailed description Argentina is a South American country known for its diverse geography, ranging from the Andes Mountains to the Pampas grasslands, and its rich cultural heritage blending European and indigenous influences.

An analysis of the ARARGE032573 bond, issued by the sovereign nation of Argentina?a country characterized by a history of economic instability and recurrent sovereign debt crises?reveals key details: this U.S. Dollar-denominated obligation, which had a total issuance size of $2,797,991,000 with a minimum purchase increment of 1 unit, carried an annual interest rate of 11.75% paid semi-annually, reached its maturity on May 20, 2003, and was established with a par value of 100%, yet critically, the issuer has since defaulted, resulting in the complete cessation of all coupon payments.