Bond Georgie 0% ( GEBD16C01113 ) in GEL

Issuer	Georgie
Market price	100 % ⇌
Country	Georgia
ISIN code	GEBD16C01113 ( in GEL )
Interest rate	0%
Maturity	01/12/2016 - 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. The GEBD16C01113 zero-coupon bond, a sovereign debt instrument issued by the nation of Georgia, has successfully reached its scheduled maturity and been fully repaid to investors. As an emerging market economy in the Caucasus, Georgia actively participates in both domestic and international capital markets to support its fiscal policies and economic development, consistently demonstrating its capacity and commitment as a sovereign issuer to fulfill its financial obligations. This particular security, identified by its ISIN GEBD16C01113, was denominated in the Georgian Lari (GEL) and was characterized by a zero-coupon rate, meaning it paid no periodic interest to its holders throughout its tenure, with the return on investment anticipated solely from the difference between the bond's initial purchase price and its redemption value. Upon its maturity date of December 1, 2016, the bond was redeemed at 100% of its face value through a single final payment, confirming its complete settlement and removal from the market.