Bond România 2.25% ( RO1620DBN017 ) in RON

Issuer	România
Market price	100 % ⇌
Country	Romania
ISIN code	RO1620DBN017 ( in RON )
Interest rate	2.25% per year ( payment 1 time a year)
Maturity	26/02/2020 - 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 RON
Total amount	9 789 265 000 RON
Detailed description	Romania is a Southeastern European country bordering the Black Sea, known for its diverse landscapes, rich history encompassing Roman, Dacian, and medieval influences, and a vibrant culture featuring traditional music, folklore, and a unique blend of Eastern and Western European traditions. An analysis of a specific Romanian government debt instrument, identified by its ISIN RO1620DBN017, provides insight into the country's past public financing activities. The issuer, Romania, is an Eastern European nation and a member of the European Union, which regularly accesses both domestic and international capital markets to fund its public expenditures and manage its national debt; as a sovereign entity, its bonds are direct obligations of the state, reflecting its overall creditworthiness. This particular bond, denominated in Romanian Lei (RON), was structured with an annual interest rate of 2.25%. The total issuance size amounted to 9,789,265,000 RON, with a minimum subscription unit set at 5,000 RON. Interest payments were scheduled annually, signifying a frequency of one payment per year. The instrument reached its full maturity on February 26, 2020, and upon maturity, the bond was fully redeemed at its par value, consistent with the reported market price of 100%, indicating that the principal capital was repaid to bondholders as per the original terms, thereby concluding the bond's lifecycle.