Bond Argentína 0% ( XS0043118172 ) in USD
Issuer | Argentína | ||
Market price | 100 % ▲ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 0% | ||
Maturity | 31/03/2023 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 4 135 921 000 USD | ||
Detailed description |
Argentina is a South American country known for its diverse geography, ranging from the Andes Mountains to the Pampas grasslands, and its rich cultural heritage blending European and indigenous influences. A specific debt instrument issued by the Republic of Argentina, identified by the ISIN code XS0043118172, recently concluded its lifecycle, reaching full maturity and subsequent repayment. This particular bond, denominated in U.S. Dollars and classified as a zero-coupon obligation, was a component of Argentina's sovereign debt portfolio, a country whose fiscal health and debt management practices are often under close scrutiny by international financial markets. Issued with a substantial total size of USD 4,135,921,000, the bond was structured without periodic interest payments, meaning its yield for investors was derived from the difference between the discounted purchase price and the full par value received at maturity, which was reflected by its market price of 100% at the time of its redemption. The minimum investment threshold for this instrument was set at USD 1,000. While a payment frequency of 2 (implying semi-annual) was associated with the bond, its 0% interest rate meant no recurring coupon distributions were made. The bond successfully matured on March 31, 2023, at which point it was fully reimbursed to its holders, signifying the Republic of Argentina's fulfillment of this specific financial commitment. |