Bond Congo Republic 6.5% ( CG2B00000048 ) in XAF

Issuer	Congo Republic
Market price	100 % ⇌
Country	Congo
ISIN code	CG2B00000048 ( in XAF )
Interest rate	6.5% per year ( payment 1 time a year)
Maturity	24/02/2027
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Minimal amount	10 000 XAF
Total amount	19 565 240 000 XAF
Next Coupon	24/02/2027 ( In 329 days )
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. The Republic of Congo has issued a XAF-denominated bond (ISIN: CG2B00000048) with a 6.5% interest rate, a total issuance size of XAF 19,565,240,000, a minimum trading lot of XAF 10,000, maturing on February 24, 2027, and paying interest annually, currently trading at 100% of face value.