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ItalianoBond Argentina 10% ( DE0005450258 ) in DEM
| Issuer | Argentina | ||||||||||||||||||||||||||||||||
| Market price | 100.00 % ⇌ | ||||||||||||||||||||||||||||||||
| Country |  Argentina
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| ISIN code |
 DE0005450258 ( in DEM )
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| Interest rate | 10% per year ( payment 1 time a year) - Bond is in default, payments are suspended | ||||||||||||||||||||||||||||||||
| Maturity | 07/09/2007 - Bond has expired | ||||||||||||||||||||||||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 50 000 DEM | ||||||||||||||||||||||||||||||||
| Total amount | 500 000 000 DEM | ||||||||||||||||||||||||||||||||
| 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. Issued by the sovereign nation of Argentina, the DE0005450258 bond, an instrument issued in its home country with a total size of DEM 500,000,000, originally offered a 10% interest rate with annual payments and a maturity date of September 7, 2007; however, the issuer has since defaulted, ceasing all coupon payments, despite a reported current market price of 100% and a minimum purchase requirement of DEM 50,000. |
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