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ItalianoBond Congo Republic 6% ( CG2J00000206 ) in XAF
| Issuer | Congo Republic |
| Market price | 100 % ⇌ |
| Country |  Congo
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| ISIN code |
 CG2J00000206 ( in XAF )
|
| Interest rate | 6% per year ( payment 1 time a year) |
| Maturity | 07/01/2025 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 10 000 XAF |
| Total amount | 22 263 170 000 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. A key fixed-income instrument within the Republic of Congo's sovereign debt portfolio, identified by ISIN Code CG2J00000206, was a bond issued by the Central African nation, consistently accessing capital markets to fund its development and operational needs. This specific bond, denominated in XAF, bore a coupon rate of 6% and was part of a substantial issuance totaling 22,263,170,000 XAF, accessible to investors with a minimum purchase size of 10,000 XAF. Originating from the country of Congo, the bond, which commenced at a market price of 100% reflecting its par value, featured an annual payment frequency. Significantly, this instrument reached its scheduled maturity on January 7, 2025, and has since been fully repaid and redeemed, successfully concluding its lifecycle as a debt obligation. |