Bond Gabonese 0% ( GA1100001062 ) in XAF
Issuer | Gabonese |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 27/02/2020 - Bond has expired |
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Minimal amount | 1 000 000 XAF |
Total amount | 15 000 000 000 XAF |
Detailed description |
Gabon is a Central African country with diverse ecosystems, including rainforests, savannas, and coastlines, known for its rich biodiversity and significant oil reserves. A detailed analysis of the GA1100001062 bond, issued by the Republic of Gabon, reveals key characteristics of a specific sovereign debt instrument. Gabon, a Central African nation, is a significant oil producer and member of OPEC, whose economy heavily relies on petroleum, though the government has pursued diversification efforts; as a sovereign issuer, Gabon periodically accesses capital markets to finance its developmental and budgetary needs, offering investors exposure to its economic trajectory. Categorized as a bond, this particular instrument, identified by ISIN GA1100001062, was issued by the Gabonese state in its domestic market, with XAF (Central African CFA franc) as its denominated currency. The bond reached its maturity on February 27, 2020, at which point it was fully repaid, as confirmed by its current market price reflecting 100% of its face value. Notably, the instrument featured a 0% interest rate, indicating it was likely structured as a zero-coupon bond, where investors purchase the bond at a discount and receive the full face value upon maturity; this structure typically implies a single payment event at maturity, consistent with the reported payment frequency of '1'. The total issue size amounted to 15,000,000,000 XAF, a substantial offering for the regional market, with individual participation requiring a minimum purchase size of 1,000,000 XAF. The successful repayment of this bond at its maturity on February 27, 2020, underscores the issuer's fulfillment of its debt obligations for this specific security. |