Argentina Bonds, FRN perp., USD (FIGI BBG00005M8S5, FERB1, ARARGE030056)
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Domestic bonds, Perpetual, Variable rate, Senior Unsecured
Status
Redemption default
Redemption (put/call option)
Perpetual (-)
Country of risk
Argentina
The Argentina bond ARARGE030056 is a USD-denominated Senior Unsecured perpetual debt security. The bond has the following coupon terms: Floating rate with a reference rate of 6M LIBOR USD; with interest paid 2 times a year to holders. The bond currently holds the status "redemption default" and reflects a country of risk of Argentina. Key parameters of the issue include a face value of 1 USD, a placement amount of 5,512,000 USD and an outstanding amount of 5,512,000 USD, which together indicate how much of the debt remains in circulation. The issue carries embedded call options detailed in the redemption schedule. In essence, this means that the issuer may redeem it early on set dates. Detailed information about the security can also be found in the prospectus. For reference and reconciliation, the bond is identified by ISIN - ARARGE030056, FIGI - BBG00005M8S5, CFI - DBVXTR, Ticker - ARGFER 0 PERP.