Bond Congo Republic 0% ( CG1200000152 ) in XAF

Issuer	Congo Republic
Market price	100 % ⇌
Country	Congo
ISIN code	CG1200000152 ( in XAF )
Interest rate	0%
Maturity	14/06/2019 - Bond has expired
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Minimal amount	1 000 000 XAF
Total amount	5 110 000 000 XAF
Detailed description	The Republic of Congo, a Central African nation bordering Gabon, Cameroon, the Central African Republic, and the Democratic Republic of Congo, is rich in natural resources, including oil, timber, and minerals, but struggles with significant economic inequality and political instability. An examination of the financial instrument identified by ISIN code CG1200000152, a bond issued by the Republic of Congo?a sovereign state in Central Africa whose economy is significantly influenced by oil production and which acts as a notable issuer in the regional financial markets?provides insight into its characteristics and concluded lifecycle; this specific debt security, denominated in XAF, featured a total issuance size of 5.11 billion, with a minimum acquisition threshold of 1 million XAF, and notably carried a zero-coupon interest rate, suggesting it was structured to offer returns through a discount at issuance rather than periodic interest payments, with a single payment frequency scheduled for its maturity on June 14, 2019, at which point it was successfully redeemed at 100% of its nominal value, confirming full repayment to all holders.