Bond Argentína 8% ( DE0001974608 ) in EUR
Issuer | Argentína |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 8% per year ( payment 1 time a year) - Bond is in default, payments are suspended |
Maturity | 26/02/2008 - Bond has expired |
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Minimal amount | 51 129 EUR |
Total amount | 766 937 822 EUR |
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. This financial analysis details a specific sovereign bond, identified by ISIN DE0001974608, issued by Argentina, a nation with a complex history of sovereign debt and economic challenges that has periodically impacted its ability to meet financial obligations. Denominated in EUR, this bond, which carried an annual interest rate of 8% and had an original total issuance size of 766,937,822 EUR, with a minimum purchase threshold of 51,129 EUR, was initially offered or valued at 100% of its nominal principal; however, despite its stipulated maturity date of February 26, 2008, the issuer ultimately defaulted on its obligations, resulting in the complete cessation of coupon payments. |