Bond Lanka 0% ( LKA09120E221 ) in LKR
| Issuer | Lanka |
| Market price | 100 % ⇌ |
| Country | Sri Lanka
|
| ISIN code |
LKA09120E221 ( in LKR )
|
| Interest rate | 0% |
| Maturity | 21/05/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 LKR |
| Total amount | 6 650 000 000 LKR |
| Detailed description |
Sri Lanka, a teardrop-shaped island nation off India's southern coast, boasts diverse landscapes ranging from lush tea plantations and ancient ruins to pristine beaches and wildlife-rich national parks. A specific debt instrument, identified by the ISIN code LKA09120E221, issued by Sri Lanka, has successfully matured and been fully redeemed. The Democratic Socialist Republic of Sri Lanka, the sovereign issuer of this bond and its country of issuance, is a South Asian nation that regularly accesses financial markets for funding. This particular obligation, a zero-coupon bond, carried a 0% interest rate, implying that investor returns were based on the difference between the purchase price and the principal payment at maturity. The bond, denominated in Sri Lankan Rupees (LKR), had a total issuance size of 6,650,000,000 LKR, with a minimum purchase amount set at 1,000,000 LKR. Its maturity date was May 21, 2020, and with a payment frequency of 1, it indicates a single principal repayment event. At the time of its maturity, the bond was trading at 100% of its market price, confirming its full repayment to bondholders. |
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