Bond Salvadoria 0% ( SV1014730419 ) in USD

Issuer Salvadoria
Market price 100 %  ⇌ 
Country  El Salvador
ISIN code  SV1014730419 ( in USD )
Interest rate 0%
Maturity 03/05/2019 - Bond has expired



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Minimal amount 100 USD
Total amount 100 000 USD
Detailed description El Salvador, the smallest country in Central America, is known for its vibrant culture, stunning beaches, and rich history, but also faces significant challenges related to poverty, gang violence, and natural disasters.

This financial report details a specific sovereign bond issuance by the Republic of El Salvador, identified by the International Securities Identification Number (ISIN) SV1014730419, which has successfully completed its lifecycle by reaching maturity and undergoing full repayment. Issued by El Salvador, a Central American nation recognized for its dollarized economy where the US Dollar serves as the official currency, this debt instrument was denominated in USD, aligning with the country's monetary framework. The total issuance size for this particular bond stood at 100,000 units, with a minimum investment threshold set at 100 units, indicating its accessibility to a range of investors. A key characteristic was its 0% interest rate, categorizing it as a zero-coupon bond, meaning investors did not receive periodic interest payments but rather acquired the bond at a discount and were repaid its full par value upon maturity. Consequently, while a payment frequency of 2 was noted in the original specifications, for this zero-coupon instrument, the primary financial event was the singular principal repayment. The bond matured on May 3, 2019, at which point it was redeemed at 100% of its face value, confirming its full repayment. As an emerging market sovereign issuer, El Salvador's engagement in the international debt markets is closely observed by investors monitoring fiscal discipline and economic stability in the region. The successful and timely repayment of this bond underscores the issuer's commitment to honoring its financial obligations, providing a precedent for future sovereign debt instruments issued by the nation and contributing positively to its credit profile in the global financial community.