Bond Argentína 10% ( DE0005450258 ) in DEM

Issuer Argentína
Market price 100 %  ⇌ 
Country  Argentina
ISIN code  DE0005450258 ( in DEM )
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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Minimal amount 50 000 DEM
Total amount 500 000 000 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.

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.