Bond Argentia 0.4% ( ARARGE520DC5 ) in USD

Issuer	Argentia
Market price	100 % ⇌
Country	Argentina
ISIN code	ARARGE520DC5 ( in USD )
Interest rate	0.4% per year ( payment 2 times a year)
Maturity	31/10/2023 - Bond has expired
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Minimal amount	1 USD
Total amount	620 495 510 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 financial review confirms the recent maturity and full repayment of a specific sovereign bond issued by the Republic of Argentina, a prominent participant in international debt capital markets. Identified by the ISIN ARARGE520DC5, this fixed-income security, denominated in US Dollars (USD), carried an annual interest rate of 0.4% and featured a payment frequency of twice per year, common for such instruments. The total issue size for this particular bond amounted to 620,495,510 units, with a minimum purchase size set at 1 unit. Having reached its scheduled maturity date on October 31, 2023, the bond was successfully redeemed and repaid at 100% of its face value, marking a complete and orderly conclusion to its term for investors.