Français
ItalianoBond Pakistania 6.75% ( XS0186560602 ) in USD
| Issuer | Pakistania |
| Market price | 100 % ⇌ |
| Country |  Pakistan
|
| ISIN code |
 XS0186560602 ( in USD )
|
| Interest rate | 6.75% per year ( payment 2 times a year) |
| Maturity | 19/02/2009 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 5 000 USD |
| Total amount | 500 000 000 USD |
| Detailed description |
Pakistan is a South Asian country bordering Afghanistan, Iran, India, and China, known for its diverse geography, rich history, and significant cultural influences from various empires and civilizations. An in-depth review of a matured sovereign bond, ISIN XS0186560602, provides insight into a past financing instrument from the Islamic Republic of Pakistan; as the issuer, Pakistan, a strategically important developing nation in South Asia, periodically accesses global debt markets to manage its fiscal requirements and fund various national initiatives, with this specific bond, denominated in US Dollars, being a significant offering of $500,000,000 that featured an attractive annual interest rate of 6.75% and semi-annual interest payments, indicating a payment frequency of two times per year, where the bond, which was issued in Pakistan, stipulated a minimum investment size of $5,000 for participants, and importantly, this financial instrument reached its scheduled maturity date on February 19, 2009, and has since been fully repaid, confirming its redemption at its face value, effectively 100% of the principal, thereby concluding its life cycle and fulfilling its obligations to its bondholders. |