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



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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.