Bond Gabonese 0% ( GA1200000949 ) in XAF
Issuer | Gabonese |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 17/07/2020 - 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. An analysis of a specific debt instrument reveals the lifecycle of a bond issued by the Republic of Gabon, identified by its ISIN Code GA1200000949. This bond, classified as a sovereign obligation, was issued by Gabon, a Central African nation strategically located on the Atlantic coast, known for its natural resources including oil and timber, and its initiatives to diversify its economy and integrate into regional financial markets. Denominated in XAF, the Central African CFA franc, the total issuance size for this particular bond was fifteen billion XAF (15,000,000,000 XAF), with a minimum purchase amount set at one million XAF (1,000,000 XAF) per lot for investors. Notably, this instrument featured a 0% interest rate, indicating it was structured as a zero-coupon bond, where the return to investors typically derived from the difference between the purchase price and the full face value repaid at maturity, with its single payment event occurring upon its final date. The bond's maturity date was precisely set for July 17, 2020. Crucially, the bond has since reached its full maturity and was successfully repaid, as evidenced by its market price reaching 100% at the time of redemption, confirming the complete reimbursement to all bondholders. |