Bond Pakistania 0% ( PK03T1203205 ) in PKR
| Issuer | Pakistania |
| Market price | 100 % ⇌ |
| Country | Pakistan
|
| ISIN code |
PK03T1203205 ( in PKR )
|
| Interest rate | 0% |
| Maturity | 12/03/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 5 000 PKR |
| Total amount | 227 671 900 000 PKR |
| Detailed description |
Pakistan is a South Asian country bordering Afghanistan, Iran, India, and China, known for its diverse geography, rich history, and significant cultural influences from various empires and civilizations. This report details a specific sovereign bond, identified by ISIN PK03T1203205, which was issued by the Islamic Republic of Pakistan, a major South Asian nation that routinely engages with domestic and international financial markets to support its fiscal needs and economic development initiatives; this particular debt instrument, denominated in Pakistani Rupees (PKR) and characterized as a zero-coupon bond due to its stated 0% interest rate, was part of a substantial issuance with a total value of PKR 227,671,900,000, designed for a singular payment at maturity and made accessible with a minimum purchase size of PKR 5,000; having reached its maturity date on March 12, 2020, the bond was successfully repaid at 100% of its principal value, confirming its full redemption and concluding its lifecycle, a testament to the issuer's adherence to its financial obligations. |
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