Bond Salvadoria 0% ( SV1014731011 ) in USD

Issuer	Salvadoria
Market price	100 % ⇌
Country	El Salvador
ISIN code	SV1014731011 ( in USD )
Interest rate	0%
Maturity	16/05/2019 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 USD
Total amount	2 118 000 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. A fixed-income instrument issued by the Republic of El Salvador, a sovereign nation in Central America, has successfully matured and been redeemed. Identified by ISIN SV1014731011, this specific bond was denominated in US Dollars (USD) and represented a total issuance size of 2,118,000 USD, with a minimum purchase increment of 100 USD. Notably, this was a zero-coupon bond, characterized by a 0% interest rate, implying no periodic interest distributions were made; instead, its return mechanism would typically involve being issued at a discount and redeemed at par, or simply repaid at par. Despite a nominal payment frequency of 2 (semi-annual) being indicated, the absence of recurring interest payments meant that the singular financial event was the principal repayment at its maturity date of May 16, 2019, where it was successfully redeemed at 100% of its face value.