Bond Gabonese 5.5% ( GA2J00000168 ) in XAF

Issuer	Gabonese
Market price	100 % ⇌
Country	Gabon
ISIN code	GA2J00000168 ( in XAF )
Interest rate	5.5% per year ( payment 1 time a year)
Maturity	22/03/2024 - Bond has expired
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Minimal amount	10 000 XAF
Total amount	25 000 000 000 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 sovereign bond, ISIN GA2J00000168, issued by the Gabonese Republic, a Central African nation known for its significant oil and timber resources and its reliance on these exports for its economy, has successfully completed its lifecycle, reaching maturity and being fully redeemed on March 22, 2024. This debt instrument, denominated in Central African CFA Francs (XAF) and initially issued with a total value of XAF 25,000,000,000, featured a 5.5% annual interest rate and allowed for a minimum purchase size of XAF 10,000, reflecting its redemption at 100% of its face value upon maturity.