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ItalianoBond Georgie 9% ( GETC23C15K23 ) in GEL
| Issuer | Georgie |
| Market price | 100 % ▲ |
| Country |  Georgia
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| ISIN code |
 GETC23C15K23 ( in GEL )
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| Interest rate | 9% per year ( payment 1 time a year) |
| Maturity | 15/12/2023 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| 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 sovereign bond identified by ISIN GETC23C15K23, issued by the nation of Georgia, has successfully reached its maturity on December 15, 2023, and has been fully repaid. This particular debt instrument, denominated in Georgian Lari (GEL), carried an annual interest rate of 9% and was redeemed at 100% of its face value, representing the principal amount. Georgia, as a sovereign issuer on the global financial markets, leverages such instruments to secure financing for its national development projects and budgetary requirements, with its economic landscape and fiscal discipline being key considerations for investors. The successful redemption of this bond underscores the Republic of Georgia's commitment to honoring its financial obligations, thereby reinforcing its credibility among domestic and international investors and positively reflecting on its sovereign risk profile in the fixed-income market. |