Bond Buenos Aires (province) 12.75% ( US11942XAP06 ) in USD

Issuer Buenos Aires (province)
Market price 100 %  ▲ 
Country  Argentina
ISIN code  US11942XAP06 ( in USD )
Interest rate 12.75% per year ( payment 2 times a year) - Bond is in default, payments are suspended
Maturity 08/01/2003 - Bond has expired
Minimal amount 1 000 USD
Total amount 100 000 000 USD
Cusip 11942XAP0
Detailed description Buenos Aires Province, encompassing a vast and diverse territory surrounding the city of Buenos Aires, is Argentina's most populous province, boasting significant agricultural production, a robust industrial sector, and a complex socio-economic landscape.

A detailed financial overview reveals specifications for the bond issued by the Province of Buenos Aires, a significant sub-sovereign entity within Argentina: identified by ISIN US11942XAP06 and CUSIP 11942XAP0, this U.S. Dollar-denominated obligation was issued with a total size of $100,000,000, carried an annual interest rate of 12.75% payable semi-annually, had a minimum purchase size of $1,000, and matured on August 1, 2003; notably, the issuer has since defaulted on its obligations, resulting in the cessation of all coupon payments, yet the bond is currently quoted at 100% of its face value in the market.
DateClean price
08/07/2024100.00%
07/26/202491.25%
09/02/202391.25%