Bond Buenos Aires Provincial 12.75% ( US11942XAP06 ) in USD
Issuer | Buenos Aires Provincial |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 12.75% per year ( payment 2 times a year) - Bond is in default, payments are suspended |
Maturity | 01/08/2003 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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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. |