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ItalianoBond Inter-American Investment Corporation 0% ( XS1114453621 ) in USD
| Issuer | Inter-American Investment Corporation | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  United States
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| ISIN code |
 XS1114453621 ( in USD )
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| Interest rate | 0% | ||||||||
| Maturity | 02/10/2017 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 000 USD | ||||||||
| Total amount | 400 000 000 USD | ||||||||
| Detailed description |
The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, is a multilateral development institution that provides financing and advisory services to private sector companies in Latin America and the Caribbean to foster sustainable economic growth and improve social conditions. A zero-coupon bond, identified by ISIN XS1114453621 and issued by the Inter-American Investment Corporation (IIC), a multilateral development bank dedicated to promoting the private sector in Latin America and the Caribbean as a member of the IDB Group, successfully reached its maturity date of October 2, 2017, and has since been fully redeemed. This USD-denominated obligation, which originated from an issuance in the United States, represented a total offering size of USD 400,000,000 and was available for a minimum purchase of USD 100,000. Notable for its 0% interest rate, indicating no periodic coupon payments were distributed throughout its term, the bond's principal was repaid at 100% of its face value upon maturity, underscoring the IIC's steadfast commitment to fulfilling its financial obligations to investors. |
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