Bond Kamerun 0% ( CM0007778137 ) in XAF

Issuer	Kamerun
Market price	100 % ⇌
Country	Cameroon
ISIN code	CM0007778137 ( in XAF )
Interest rate	0%
Maturity	14/09/2020 - Bond has expired
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Minimal amount	1 XAF
Total amount	16 000 000 XAF
Detailed description	Cameroon, a Central African nation, boasts diverse landscapes ranging from coastal plains to rainforests and mountains, supporting a rich biodiversity and a vibrant mix of cultures. The Republic of Cameroon, a sovereign state in Central Africa and a key member of the CEMAC economic bloc, successfully fulfilled its financial obligations pertaining to its XAF-denominated bond, ISIN CM0007778137, which reached its maturity on September 14, 2020, and has since been fully repaid at its 100% par value. This specific debt instrument, part of a total issuance size of 16,000,000 XAF with a minimum acquisition unit of 1, notably carried a 0% interest rate, signifying its structure as a zero-coupon bond where investors accrue returns through the capital appreciation from a purchase discount to the full face value at maturity, rather than periodic coupon payments; the timely repayment of this obligation by Cameroon, an economy diversified across sectors including oil, agriculture, and timber, and an active participant in regional capital markets seeking to finance its developmental objectives, underscores its commitment to maintaining fiscal integrity and strengthens its standing among investors in sovereign debt instruments.