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ItalianoBond Paname 0% ( PAL634445UP7 ) in USD
| Issuer | Paname |
| Market price | 100 % ⇌ |
| Country |  Panama
|
| ISIN code |
 PAL634445UP7 ( in USD )
|
| Interest rate | 0% |
| Maturity | 07/01/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 1 000 USD |
| Total amount | 28 500 000 USD |
| Detailed description | The Republic of Panama, a sovereign entity recognized for its strategic geographic importance and a robust, service-oriented economy primarily driven by the Panama Canal, recently concluded the lifecycle of a specific debt instrument. This bond, identified by the ISIN PAL634445UP7, was denominated in USD and constituted part of a larger issuance totaling $28,500,000, with a minimum investment threshold set at $1,000. Noteworthy characteristics of this obligation included a stated interest rate of 0% and a payment frequency of 2. The bond successfully reached its scheduled maturity date on July 1, 2022, and was fully redeemed at 100% of its face value, reflecting its par repayment. This successful and timely fulfillment of its debt obligations by the Panamanian government reinforces investor confidence in its fiscal discipline and creditworthiness within the international capital markets. |