Bond Andorra la Vella 0% ( XS1996318025 ) in EUR

Issuer	Andorra la Vella
Market price	100 % ⇌
Country	Andorra
ISIN code	XS1996318025 ( in EUR )
Interest rate	0%
Maturity	01/12/2020 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	100 000 000 EUR
Detailed description	Andorra is a landlocked microstate in the Pyrenees mountains, bordered by Spain and France, known for its skiing resorts, duty-free shopping, and picturesque mountain villages. This financial analysis focuses on a specific debt instrument, identified by ISIN code XS1996318025, issued by the Principality of Andorra, a sovereign state located in the eastern Pyrenees renowned for its tourism, retail, and financial services sectors, which also served as the country of issuance for this particular bond. The total issue size for this bond was EUR 100,000,000, denominated in Euros, with a minimum purchase size set at EUR 1,000. Notably, this instrument was structured as a zero-coupon bond, carrying an interest rate of 0%, implying that investors would receive their principal back at par, reflected by a market price of 100%, upon maturity. The bond's maturity date was set for December 1, 2020. It is important to note that this specific obligation successfully reached its maturity date on December 1, 2020, and the principal amount has since been fully repaid to bondholders, concluding its lifecycle as a debt instrument.