Bond Venezuella 10.25% ( DE0001340008 ) in DEM

Issuer	Venezuella
Market price	100 % ⇌
Country	Venezuela
ISIN code	DE0001340008 ( in DEM )
Interest rate	10.25% per year ( payment 1 time a year)
Maturity	04/10/2003 - Bond has expired
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Detailed description	Venezuela is a South American country with diverse geography ranging from Andes Mountains to Amazon rainforest, significant oil reserves, and a history marked by periods of both prosperity and political instability. Identified by ISIN DE0001340008, this sovereign bond was issued by Venezuela, a resource-dependent nation whose credit assessment in the early 2000s, typical of emerging markets, justified the notable 10.25% annual coupon, denominated in Deutsche Mark (DEM), which reached its maturity on October 4, 2003, at which point it was fully redeemed at its 100% par value following its annual payment schedule.