Bond Georgie 0% ( GETD18201069 ) in GEL

Issuer	Georgie
Market price	100 % ⇌
Country	Georgia
ISIN code	GETD18201069 ( in GEL )
Interest rate	0%
Maturity	01/02/2018 - 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 report details the GETD18201069 bond, a sovereign debt instrument issued by Georgia, a nation strategically located at the crossroads of Western Asia and Eastern Europe known for its ongoing economic reforms and emerging market status. Denominated in the Georgian Lari (GEL), this bond notably featured a 0% interest rate, implying it was designed as a zero-coupon instrument or a deep-discount bond to be redeemed at its par value. Having reached its maturity date on February 1, 2018, this obligation has been fully redeemed, with its principal repaid at 100% of its face value, thereby reflecting the timely fulfillment of the issuer's financial commitments to its bondholders.