Bond Filipinas 0% ( PIBL1221J436 ) in PHP

Issuer	Filipinas
Market price	100 % ⇌
Country	Philippines
ISIN code	PIBL1221J436 ( in PHP )
Interest rate	0%
Maturity	26/10/2022 - Bond has expired
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Minimal amount	10 000 PHP
Total amount	10 000 000 000 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. The PIBL1221J436 bond, a PHP-denominated zero-coupon instrument issued by the Republic of the Philippines, has successfully reached its maturity and been fully redeemed, marking a completed transaction within the nation's domestic financial operations. As a prominent sovereign issuer in Southeast Asia, the Philippines leverages such bond offerings to manage its public debt and finance critical development projects, thereby underpinning its fiscal stability and fostering its local capital markets. This specific zero-coupon bond, identified by ISIN PIBL1221J436, represented a total issuance volume of PHP 10,000,000,000, with a minimum investment threshold established at PHP 10,000 per unit, and featured no recurring interest payments, with investor returns realized through the principal repayment at maturity. Having matured on October 26, 2022, the bond was redeemed at 100% of its face value, signifying the timely and complete reimbursement of capital to its holders, consistent with its single payment frequency structure at maturity.