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ItalianoBond Argentia 0% ( XS0088590863 ) in EUR
| Issuer | Argentia | ||
| Market price | 100 % ▲ | ||
| Country |  Argentina
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| ISIN code |
 XS0088590863 ( in EUR )
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| Interest rate | 0% | ||
| Maturity | 13/07/2005 - Bond has expired | ||
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| Minimal amount | 5 000 000 EUR | ||
| Total amount | 1 000 000 000 000 EUR | ||
| Detailed description |
Argentina is the second-largest country in South America, celebrated for its vast and diverse landscapes ranging from the towering Andes Mountains to the Patagonian steppes, and a rich cultural heritage encompassing the passionate tango, world-renowned *asado*, and a significant European influence. 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. |
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