The Principality of Andorra, located in the Eastern Pyrenees mountains between France and Spain, operates as a sovereign microstate with a focus on tourism and finance since its founding in the 9th century. It offers key financial services, including banking, investment, and insurance through its regulated banking sector.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ANDRRA 1.25% 2027-02-23 EURPrincipality of Andorra | Andorra | 2027-02-23 | 1.250 | 2.69 |
| ANDRRA 1.25% 2031-05-06 EURPrincipality of Andorra | Andorra | 2031-05-06 | 1.250 | 3.24 |
| ANDRRA 1.70% 2041-10-13 EURPrincipality of Andorra | Andorra | 2041-10-13 | 1.700 | 4.57 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Andorra began issuing bonds in the early 2000s as part of its strategy to diversify funding sources for infrastructure projects and economic development. Notable issuances include a €100 million bond in 2019 aimed at financing public works, which achieved a significant interest rate of 1.5%. Currently, Andorran bonds yield competitive rates in the regional market, attracting both local and international investors while enhancing the principality’s reputation as an emerging financial center.