El Salvador, the smallest country in Central America, is known for its vibrant culture, stunning beaches, and rich history, but also faces significant challenges related to poverty, gang violence, and natural disasters.
This financial article presents details regarding a sovereign bond issued by El Salvador, a Central American nation active in the international debt markets as a sovereign issuer, whose economic stability, fiscal policies, and overall credit profile are key considerations for investors evaluating its fixed-income offerings. The bond in question is designated by the ISIN USP01012BX31 and CUSIP P01012BX3, with El Salvador serving as both the issuer and the country of issuance. This debt instrument is denominated in United States Dollars (USD) and features a substantial annual interest rate of 8.625%. Interest payments are structured with a frequency of two per year, signifying semi-annual disbursements to bondholders. The bond is set to mature on February 27, 2029, and is currently trading on the secondary market at a price of 103.69% of its par value, indicating it trades at a premium, a common occurrence influenced by market demand, prevailing interest rates, and the issuer's credit perception, which results in a yield-to-maturity lower than its stated coupon rate.
|
Français
Italiano
104.10 % ▼ 
El Salvador
USP01012BX31 ( in USD )
