Bond Argentína 0% ( XS0088590863 ) in EUR
Issuer | Argentína | ||
Market price | 100 % ▲ | ||
Country | ![]() |
||
ISIN code |
![]() |
||
Interest rate | 0% | ||
Maturity | 13/07/2005 - Bond has expired | ||
|
|||
Minimal amount | 5 000 000 EUR | ||
Total amount | 1 000 000 000 000 EUR | ||
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. This financial article details a sovereign bond, identified by ISIN code XS0088590863, issued by the Argentine Republic, a nation with a documented history of sovereign debt defaults, which reached its maturity on July 13, 2005; denominated in EUR, the bond had a total issuance size of EUR 1,000,000,000,000, a stated interest rate of 0%, and an annual payment frequency, although it has since entered into default with all coupon payments ceased, yet its current market price is indicated at 100% of par, with a minimum purchase size of EUR 5,000,000. |