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ItalianoBond Filipinas 0% ( PIBL1220A017 ) in PHP
| Issuer | Filipinas |
| Market price | 100 % ⇌ |
| Country |  Philippines
|
| ISIN code |
 PIBL1220A017 ( in PHP )
|
| Interest rate | 0% |
| Maturity | 06/01/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 PHP |
| Total amount | 21 104 000 000 PHP |
| Detailed description |
The Philippines is a Southeast Asian archipelago comprising over 7,000 islands, known for its diverse culture, vibrant history, stunning beaches, and rich biodiversity. This financial article details the PIBL1220A017 bond, a zero-coupon sovereign debt instrument issued by the Republic of the Philippines, a key Southeast Asian economy that actively engages global capital markets to finance its public expenditures and development projects, with its creditworthiness being a primary consideration for investors; denominated in Philippine Pesos (PHP), this specific issuance had a total size of PHP 21,104,000,000 with a minimum purchase amount of PHP 10,000, and despite its 0% interest rate and single payment frequency at maturity, it successfully reached its maturity date on January 6, 2021, and was subsequently redeemed at 100% of its face value, marking the full completion of this debt obligation. |