Bond Indonesie 0% ( IDQ000033803 ) in IDR

Issuer	Indonesie
Market price	100 % ⇌
Country	Indonesia
ISIN code	IDQ000033803 ( in IDR )
Interest rate	0%
Maturity	06/11/2020 - Bond has expired
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Minimal amount	1 000 000 IDR
Total amount	2 000 000 000 IDR
Detailed description	Indonesia is a vast archipelago in Southeast Asia comprising over 17,000 islands, boasting incredible biodiversity, a rich cultural heritage influenced by Hinduism, Buddhism, and Islam, and a population exceeding 270 million people. An Indonesian government bond, identified by ISIN code IDQ000033803, has successfully reached its maturity and been fully redeemed as of November 6, 2020. This debt instrument was issued by the Republic of Indonesia, a significant sovereign borrower and the largest economy in Southeast Asia, demonstrating its capacity to access domestic capital markets for funding. Denominated in Indonesian Rupiah (IDR), the bond represented a total issuance size of IDR 2,000,000,000, with a minimum subscription threshold of IDR 1,000,000. Characterized by a 0% interest rate and a payment frequency of 1, the bond's structure was designed for a single principal repayment, which occurred at 100% of its face value upon maturity. The successful and timely redemption of this bond underscores Indonesia's commitment to its financial obligations and serves as a testament to the stability of its sovereign debt instruments.