Bond Argentína 5.87% ( DE0004103007 ) in DEM

Issuer	Argentína
Market price	100 % ▲
Country	Argentina
ISIN code	DE0004103007 ( in DEM )
Interest rate	5.87% per year ( payment 2 times a year)
Maturity	29/03/2023 - Bond has expired
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Minimal amount	5 000 DEM
Total amount	87 411 480 DEM
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 instrument, identified by ISIN DE0004103007, was a bond issued by Argentina, a sovereign entity from South America known for its significant agricultural exports and historically dynamic economic cycles, with the bond itself having been issued within the Argentine domestic market; denominated in Deutsche Mark (DEM) and carrying an annual interest rate of 5.87%, this debt security had a total issuance size of 87,411,480 units, with a minimum purchase increment of 5,000 units, and coupon payments were scheduled semi-annually, reflecting a frequency of two payments per year; originally set to mature on March 29, 2023, the bond successfully reached its maturity date and was subsequently repaid, with its market price at maturity recorded at 100% of its face value.