Bond Georgie 0% ( GEBD16121293 ) in GEL

Issuer	Georgie
Market price	100 % ⇌
Country	Georgia
ISIN code	GEBD16121293 ( in GEL )
Interest rate	0%
Maturity	21/01/2016 - Bond has expired
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Detailed description	Georgia is a country in the Caucasus region of Eurasia, bordered by Russia, Turkey, Armenia, and Azerbaijan, known for its diverse geography, ancient history, and unique culture. This financial analysis pertains to a specific sovereign debt instrument, a bond identified by the ISIN code GEBD16121293. The issuer of this obligation was Georgia, an emerging market nation strategically located at the crossroads of Western Asia and Eastern Europe, which also served as the country of issuance. Denominated in the Georgian Lari (GEL), this bond was structured as a zero-coupon instrument, characterized by its 0% interest rate, meaning investors received no periodic interest payments, with any yield derived from the difference between the purchase price and its redemption value. The bond featured a maturity date of January 21, 2016, and a payment frequency of one, denoting the single principal repayment upon maturity characteristic of zero-coupon structures. Despite the original listing of a 100% market price, indicative of its redemption at par value, this bond has successfully reached its maturity and has been fully repaid to its holders, concluding its lifecycle within the capital markets.