Bond Lanka 0% ( LKA36421J229 ) in LKR

Issuer	Lanka
Market price	100 % ⇌
Country	Sri Lanka
ISIN code	LKA36421J229 ( in LKR )
Interest rate	0%
Maturity	22/10/2021 - Bond has expired
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Minimal amount	1 000 000 LKR
Total amount	25 337 000 000 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 sovereign bond, identified by ISIN LKA36421J229, issued by the Democratic Socialist Republic of Sri Lanka, a South Asian nation frequently engaging in international and domestic financial markets to manage its public finances, has successfully reached its maturity and been fully repaid. This debt instrument, denominated in Sri Lankan Rupees (LKR) and part of a total issuance size of LKR 25,337,000,000, with a minimum investment tranche set at LKR 1,000,000, featured a 0% interest rate and a single payment frequency throughout its term. Having matured on October 22, 2021, its recorded market price of 100% at that time confirms its full redemption, signifying the issuer's completion of its financial obligation for this particular bond.