Bond Dominican Republic 12% ( DO1005224121 ) in DOP
| Issuer | Dominican Republic | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country | Dominican Republic
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| ISIN code |
DO1005224121 ( in DOP )
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| Interest rate | 12% per year ( payment 1 time a year) | ||||||||
| Maturity | 07/08/2015 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 000 DOP | ||||||||
| Total amount | 3 000 000 000 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. The DO1005224121 bond, a sovereign obligation issued by the Dominican Republic, a Caribbean nation with a developing economy that periodically accesses international debt markets to finance its development and public expenditure, was a DOP-denominated instrument carrying a 12% interest rate, issued for an aggregate amount of DOP 3,000,000,000 with a minimum purchase size of DOP 100,000, which reached its maturity date on August 7, 2015, and was fully redeemed at 100% of its face value, concluding its lifecycle as a successfully managed debt instrument by the issuer. |
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