Bond Salvadoria 0% ( SV1014741416 ) in USD

Issuer Salvadoria
Market price 100 %  ⇌ 
Country  El Salvador
ISIN code  SV1014741416 ( in USD )
Interest rate 0%
Maturity 21/11/2022 - Bond has expired



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Minimal amount 100 USD
Total amount 20 000 000 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.

El Salvador, the sovereign issuer, successfully fulfilled its financial obligations concerning the bond identified by ISIN SV1014741416, a debt instrument denominated in USD that matured on November 21, 2022. This particular bond, part of a total issuance size of USD 20,000,000 with a minimum purchase amount of USD 100, was structured as a zero-coupon bond carrying a 0% interest rate, meaning investors' returns were derived from a discount at purchase rather than periodic interest payments; its repayment on maturity at 100% of its nominal value, after being observed at this price on the market, underscores the Republic of El Salvador's commitment to its debt servicing, with the bond having reached its full term and being completely reimbursed as scheduled.