Bond Trinidad & Tobago 2.5% ( TTK01023H062 ) in TTD

Issuer	Trinidad & Tobago
Market price	100 % ⇌
Country	Trinidad and Tobago
ISIN code	TTK01023H062 ( in TTD )
Interest rate	2.5% per year ( payment 1 time a year)
Maturity	06/08/2023 - Bond has expired
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Minimal amount	1 000 TTD
Total amount	559 271 000 TTD
Detailed description	Trinidad and Tobago is a twin-island nation in the southern Caribbean Sea known for its diverse culture, vibrant Carnival celebrations, significant petroleum and natural gas reserves, and stunning beaches. An in-depth review of a sovereign bond issued by Trinidad and Tobago, identified by ISIN TTK01023H062, provides insight into its structure and lifecycle. The issuer, Trinidad and Tobago, a twin-island nation renowned for its energy sector and located in the southern Caribbean, issued this standard obligation bond, reflecting its capacity as a sovereign entity to raise capital in the financial markets. This particular debt instrument was denominated in Trinidad and Tobago Dollars (TTD) and carried a fixed annual interest rate of 2.5%. The total issue size amounted to TTD 559,271,000, a significant sum for a domestic offering, with investor access facilitated by a minimum purchase size of TTD 1,000. While its market price stood at 100% of par value, indicating its stability in the secondary market prior to its conclusion, the most salient characteristic of this bond is its recent status: it reached its scheduled maturity date on August 6, 2023, and has since been fully repaid, underscoring the issuer's timely fulfillment of its financial commitments to its bondholders.