Bond Gabonese 0% ( GA1300000344 ) in XAF

Issuer	Gabonese
Market price	100 % ⇌
Country	Gabon
ISIN code	GA1300000344 ( in XAF )
Interest rate	0%
Maturity	26/06/2020 - 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 bond instrument, identified by ISIN GA1300000344, reveals key characteristics associated with sovereign debt issued by the Gabonese Republic. As the issuer, Gabon, a Central African nation renowned for its oil-dependent economy and ongoing efforts towards economic diversification and fiscal stability, presented this obligation to the market. The bond, categorized as a sovereign bond issued within Gabon itself, demonstrated a market price of 100% at the time of its full redemption. Denominated in XAF, the Central African CFA franc, the instrument carried a 0% interest rate, a characteristic often associated with zero-coupon bonds or specific governmental financing structures, and had a substantial total issuance size of 15,000,000,000 XAF. The minimum acquisition size for this instrument was set at 1,000,000 XAF, and its payment frequency was annual. Crucially, the bond reached its maturity date on June 26, 2020, and has since been fully repaid, confirming its successful redemption and demonstrating the issuer's fulfillment of its financial obligations for this specific instrument.