Bond FOM 0% ( GE8790603665 ) in GEL

Issuer FOM
Market price 100 %  ⇌ 
Country  Netherlands
ISIN code  GE8790603665 ( in GEL )
Interest rate 0%
Maturity 20/07/2023 - Bond has expired



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Minimal amount 1 000 000 GEL
Total amount 160 000 000 GEL
Detailed description FMO is the Dutch development bank, providing financing and investment to private sector projects in developing countries and emerging markets focused on sustainable development.

An in-depth review reveals the details of a specific bond, identified by ISIN GE8790603665, which was issued by FMO, the Dutch entrepreneurial development bank. Operating from the Netherlands, FMO is a prominent financial institution dedicated to fostering sustainable private sector growth in developing countries and emerging markets through various investment vehicles. This particular bond, denominated in Georgian Lari (GEL), represented a total issuance size of GEL 160,000,000, with a minimum acquisition threshold set at GEL 1,000,000. Despite carrying a stated interest rate of 0% and a payment frequency of 1, its market valuation stood at 100% prior to its expiration. The instrument?s stipulated maturity date was July 20, 2023, and it has since been confirmed that this obligation reached its scheduled maturity and has been fully redeemed.