The Andorran Council of Ministers approved a new bond issue worth a total of 100 million euros to refinance the public debt

21.09.2017   //  By:   //  All news, Business and Economy

The Andorran Council of Ministers approved a new worth a total of 100 million euros to refinance the .

Terms of issue:

Issuer: The Government of Andorra

Number of shares issued: 100,000

Instrument Category: Zero Coupon

Term of promissory notes: bonds for 12 months

Fixed interest rate: zero coupon

Income from depreciation: 0.65% per year

Issue price: 993.54 euros

The release date is 17th October, 2017.

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