Bond Ugandia 0% ( UG11E0705203 ) in UGX

Issuer Ugandia
Market price 100 %  ▲ 
Country  Uganda
ISIN code  UG11E0705203 ( in UGX )
Interest rate 0%
Maturity 07/05/2020 - 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 sovereign bond, identified by ISIN UG11E0705203, issued by Uganda, an East African nation that regularly accesses financial markets to support its economic development and fiscal needs, has successfully reached its maturity date of May 7, 2020, and has been fully redeemed. Denominated in Ugandan Shillings (UGX), this particular debt instrument was a zero-coupon bond, evidenced by its 0% interest rate, meaning investors received their principal at a 100% redemption price upon its single payment at maturity.