Bond Salvadoria 0% ( SV1014733116 ) in USD
Issuer | Salvadoria |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 19/05/2020 - Bond has expired |
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Minimal amount | 100 USD |
Total amount | 195 000 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 sovereign bond issued by El Salvador, a Central American nation and the specified issuer, with ISIN SV1014733116, has matured and been fully redeemed on May 19, 2020, at its par value of 100% in USD, reflecting the repayment of its total issue size of 195,000 units, which were available for a minimum purchase of 100 units; this particular instrument was a zero-coupon bond, bearing a 0% interest rate, a characteristic that renders its listed payment frequency of 2 (typically indicating semi-annual payments for standard coupon bonds) effectively moot concerning regular interest disbursements. |