Bond Paname 8% ( US698299BY91 ) in USD
| Issuer | Paname |
| Market price | |
| Country | Panama
|
| ISIN code |
US698299BY91 ( in USD )
|
| Interest rate | 8% per year ( payment 2 times a year) |
| Maturity | 01/03/2038 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 200 000 USD |
| Total amount | 1 250 000 000 USD |
| Cusip | 698299BY9 |
| Next Coupon | 01/09/2026 ( In 171 days ) |
| Detailed description | This financial instrument, formally identified as a bond through its ISIN US698299BY91 and CUSIP 698299BY9, represents a significant sovereign debt issuance by the Republic of Panama, the very nation of its origin, a country renowned for its strategic geographical location, a robust services-based economy centered around the Panama Canal, and a stable financial environment benefiting from a de facto dollarized system, with this particular bond presently trading at 100% of its par value on the market, denominated in US Dollars, featuring a fixed annual interest rate of 8% with semi-annual coupon payments (a frequency of two per year), originating from a total issuance size of $1,250,000,000 and requiring a minimum purchase size of $200,000, all maturing on March 1, 2038. |
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