Argentina Bonds, Bonos 5% 9jan2038, USD (FIGI BBG00X365ZZ9, AE38, ARARGE3209U2, WKN A28135)

The Argentina bond ARARGE3209U2 is a USD-denominated Senior Unsecured debt security with a maturity date of 09/01/2038. The bond has the following coupon terms: Step-up/Step-down coupon type with an initial rate of 5%; with interest paid 2 times a year to holders. The bond has been rated by 1 credit rating agency. The bond currently holds the status outstanding and reflects a country of risk of Argentina. The current price of the bond is between 59% and 80%, corresponding to a yield of about 0.1% and 0.2%. The modified duration is 3.79, indicating the bond's sensitivity to changes in market interest rates. The G-spread is 855.03 bps, while the Z-spread is 873.74 bps, measuring the premium over the relevant risk-free curve. On this page you can track quotes from 27 sources (such as exchanges and market participants), including bid and ask quotes if any, and follow changes in the bond's price and yield over time. Key parameters of the issue include a face value of 1 USD, a placement amount of 7,213,696,728 USD and an outstanding amount of 7,213,696,728 USD, which together indicate how much of the debt remains in circulation. The issue contains no embedded call or put options, and its cash flows follow the original redemption terms. Detailed information about the security can also be found in the prospectus, if such a document exists for the given issue. For reference and reconciliation, the bond is identified by ISIN - ARARGE3209U2, FIGI - BBG00X365ZZ9, CFI - DBFUAR, Ticker - ARGBON 5 01/09/38.