Bond Congo Republic 6.5% ( CG2B00000055 ) in XAF

Issuer	Congo Republic
Market price	100 % ▲
Country	Congo
ISIN code	CG2B00000055 ( in XAF )
Interest rate	6.5% per year ( payment 1 time a year)
Maturity	24/03/2027
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Next Coupon	24/03/2027 ( In 357 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, a Central African sovereign state serving as the issuer, has an outstanding bond (ISIN: CG2B00000055) denominated in XAF, currently priced at 100% of its par value, which carries an annual coupon rate of 6.5% and matures on March 24, 2027, with interest payments made once a year.