Bond ABLV Banka 0.7% ( LV0000802171 ) in EUR

Issuer	ABLV Banka
Market price	100 % ▲
Country	Latvia
ISIN code	LV0000802171 ( in EUR )
Interest rate	0.7% per year ( payment 1 time a year)
Maturity	31/10/2018 - Bond has expired
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Detailed description	ABLV Bank was a Latvian bank that was licensed in 1993 and later collapsed in 2018 following allegations of money laundering and sanctions violations. The LV0000802171 bond, a Euro-denominated debt instrument issued by ABLV Bank, a Latvian financial institution which, subsequent to the maturity of this specific bond, commenced a voluntary liquidation process in 2018 following regulatory directives, reached its full maturity on October 31, 2018, and was duly repaid at its 100% par value. This specific obligation, originating from Latvia, offered an annual interest rate of 0.7% with a single annual payment frequency, confirming its full redemption upon the stipulated maturity date.