Bond Lanka 0% ( LKA09121H271 ) in LKR

Issuer	Lanka
Market price	100 % ⇌
Country	Sri Lanka
ISIN code	LKA09121H271 ( in LKR )
Interest rate	0%
Maturity	27/08/2021 - Bond has expired
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Minimal amount	1 000 000 LKR
Total amount	31 205 000 000 LKR
Detailed description	Sri Lanka, a teardrop-shaped island nation off India's southern coast, boasts diverse landscapes ranging from lush tea plantations and ancient ruins to pristine beaches and wildlife-rich national parks. An examination of the sovereign debt market reveals the successful redemption of a particular bond issued by Sri Lanka, a nation actively engaged in both domestic and international financial markets to fund its development and operational needs. This specific debt instrument, identified by ISIN code LKA09121H271, matured on August 27, 2021, and was fully repaid at 100% of its principal value. Denominated in Sri Lankan Rupees (LKR), this bond had an original total issuance size of LKR 31,205,000,000, with a minimum investment threshold set at LKR 1,000,000 per purchase. Notably, the bond carried a 0% interest rate, indicating it was structured as a zero-coupon instrument, with its sole financial transaction for investors being the single repayment of principal upon maturity.