Bond Ugandia 0% ( UG11C2902240 ) in UGX

Issuer Ugandia
Market price 100 %  ▲ 
Country  Uganda
ISIN code  UG11C2902240 ( in UGX )
Interest rate 0%
Maturity 29/02/2024 - Bond has expired



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Detailed description Uganda is a landlocked East African country known for its diverse wildlife, including gorillas and chimpanzees, stunning landscapes like Lake Victoria and the Rwenzori Mountains, and a rich cultural heritage.

The Republic of Uganda, an active sovereign participant in global and domestic capital markets, recently concluded its obligations pertaining to the bond identified by ISIN UG11C2902240. This specific debt instrument, issued by the Ugandan government, reached its scheduled maturity date on February 29, 2024, and was subsequently repaid in full at 100% of its face value in Ugandan Shillings (UGX). Noteworthy for its stated zero-interest rate and a single payment frequency, this bond's successful repayment signifies the issuer's adherence to its financial commitments, thereby completing its cycle from issuance to full redemption.