Bond Gabonese 0% ( GA1100001377 ) in XAF

Issuer Gabonese
Market price 100 %  ⇌ 
Country  Gabon
ISIN code  GA1100001377 ( in XAF )
Interest rate 0%
Maturity 20/08/2021 - Bond has expired



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Minimal amount 1 000 000 XAF
Total amount 6 500 000 000 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.

The Republic of Gabon, a Central African nation whose economy is significantly underpinned by its oil and timber exports and which operates within the Communauté Économique et Monétaire de l'Afrique Centrale (CEMAC) monetary framework, successfully redeemed its sovereign bond identified by ISIN GA1100001377 upon its maturity on August 20, 2021. This bond, issued under the "Bond" type and denominated in XAF (Central African CFA franc), was part of a larger issuance totaling 6,500,000,000 XAF, with a minimum acquisition size of 1,000,000 XAF. Despite carrying a stated interest rate of zero percent, suggesting its design as a zero-coupon instrument or a comparable non-interest-bearing public debt, the security reached its maturity at a market valuation of 100% of its face value and has subsequently been fully repaid, demonstrating the issuer's adherence to its financial commitments.