Bond Argentia 4.25% ( ARARGE5207L3 ) in USD
| Issuer | Argentia |
| Market price | 100 % ⇌ |
| Country | Argentina
|
| ISIN code |
ARARGE5207L3 ( in USD )
|
| Interest rate | 4.25% per year ( payment 2 times a year) |
| Maturity | 31/12/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 USD |
| Total amount | 426 405 019 USD |
| Detailed description |
Argentina is the second-largest country in South America, celebrated for its vast and diverse landscapes ranging from the towering Andes Mountains to the Patagonian steppes, and a rich cultural heritage encompassing the passionate tango, world-renowned *asado*, and a significant European influence. An in-depth review of the sovereign bond market highlights the redemption of the Argentina-issued bond, identified by ISIN ARARGE5207L3, a U.S. Dollar-denominated instrument that offered a 4.25% interest rate, part of a total issuance valued at 426,405,019 USD, originally available for purchase in increments as small as 1 unit, which reached its maturity on December 31, 2021, and was fully redeemed at its par value of 100%, having provided semi-annual coupon payments, thereby demonstrating the timely fulfillment of obligations by the Republic of Argentina, a significant emerging market sovereign entity. |
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