Bond Emirates Aviation 4.64% ( SG7I23930894 ) in SGD

Issuer	Emirates Aviation
Market price	100 % ⇌
Country	United Arab Emirates
ISIN code	SG7I23930894 ( in SGD )
Interest rate	4.64% per year ( payment 1 time a year)
Maturity	21/06/2016 - Bond has expired
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Minimal amount	250 000 SGD
Total amount	150 000 000 SGD
Detailed description	Emirates is a large international airline based in Dubai, operating a vast network of passenger and cargo flights to destinations worldwide, known for its extensive fleet of Airbus and Boeing aircraft and high level of service. An in-depth look into a specific debt instrument reveals the characteristics of an obligation identified by ISIN SG7I23930894, issued by Emirates Airlines. Emirates Airlines, the premier airline of the United Arab Emirates, stands as a global leader in the aviation sector, operating a vast international network from its hub in Dubai. As a key state-owned enterprise, its financial issuances are significant indicators within the MENA region's capital markets. This particular bond, originating from the United Arab Emirates, had a total issuance size of 150,000,000 Singapore Dollars (SGD), with a minimum acquisition threshold set at 250,000 SGD. It was structured to provide investors with an attractive annual interest rate of 4.64%, with payments scheduled at a frequency of one per year. While its last reported market price stood at 100% of par, it is imperative to note that this debt obligation reached its predetermined maturity date on June 21, 2016, and has subsequently been fully repaid and extinguished, marking the successful completion of its lifecycle as a financial instrument.