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ItalianoBond Dominican Republic 11% ( DO1002217128 ) in DOP
| Issuer | Dominican Republic | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  Dominican Republic
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| ISIN code |
 DO1002217128 ( in DOP )
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| Interest rate | 11% per year ( payment 1 time a year) | ||||||||
| Maturity | 09/02/2024 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 DOP | ||||||||
| Total amount | 30 000 000 000 DOP | ||||||||
| Detailed description |
The Dominican Republic, occupying the eastern two-thirds of the island of Hispaniola, is a Caribbean nation known for its diverse geography, including lush rainforests, stunning beaches, and the Caribbean's highest mountain peak, Pico Duarte. A recently matured sovereign bond issued by the Dominican Republic, identified by ISIN DO1002217128, has been successfully repaid, underscoring the nation's commitment to its financial obligations. The Dominican Republic, a Caribbean state actively engaged in global capital markets to fund its economic development, issued this specific debt instrument with a total size of 30,000,000,000 Dominican Pesos (DOP) and a minimum purchase threshold of 10,000 DOP. Carrying an annual coupon rate of 11%, this bond, which was denominated in DOP, reached its maturity on February 9, 2024, at which point it was fully redeemed at its 100% nominal value, confirming its repayment and concluding its lifecycle in the market. |
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