Bond Thailund 0% ( TH0623C7T989 ) in THB

Issuer	Thailund
Market price	100 % ⇌
Country	Thailand
ISIN code	TH0623C7T989 ( in THB )
Interest rate	0%
Maturity	11/09/2019 - Bond has expired
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Minimal amount	1 000 THB
Total amount	15 732 000 000 THB
Detailed description	Thailand is a captivating Southeast Asian nation renowned for its vibrant culture, ornate temples, ancient ruins, bustling cities, and picturesque tropical beaches. The Thai sovereign debt market recently concluded a notable chapter with the successful maturity and redemption of the TH0623C7T989 bond, a zero-coupon instrument issued by the Kingdom of Thailand, a significant economic force in Southeast Asia. Thailand, a nation recognized for its robust tourism sector, agricultural exports, and a growing manufacturing base, has consistently demonstrated a commitment to fiscal prudence and timely fulfillment of its financial obligations, rendering its sovereign debt instruments as a staple for investors seeking stability in emerging markets. This particular bond, identified by its ISIN TH0623C7T989, carried a total issuance size of 15,732,000,000 Thai Baht (THB) and was accessible to investors with a minimum purchase lot of 1,000 THB. As a zero-coupon bond, it distinguished itself by not offering periodic interest payments; instead, investors typically acquired the bond at a discount to its face value, anticipating repayment at par upon maturity. The bond, denominated in THB, reached its scheduled maturity date on September 11, 2019, at which point its market price stood at 100% of its face value, signifying its imminent and complete redemption. Following its single payment frequency, the security was fully repaid to its holders, confirming the successful completion of the investment cycle and reinforcing Thailand's standing as a reliable sovereign issuer in the global financial landscape.