Bond Kamerun 0% ( CM1200000881 ) in XAF
| Issuer | Kamerun |
| Market price | 100 % ⇌ |
| Country | Cameroon
|
| ISIN code |
CM1200000881 ( in XAF )
|
| Interest rate | 0% |
| Maturity | 02/10/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 XAF |
| Total amount | 10 000 000 000 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 **CM1200000881 bond**, a debt instrument issued by the sovereign nation of **Cameroon** and denominated in **XAF**, has successfully reached its maturity on **October 2, 2020**, and was fully redeemed at **100%** of its face value, underscoring the Central African state's commitment to fulfilling its financial obligations; with a total issue size of **10,000,000,000 XAF** and a minimum purchase threshold of **1,000,000 XAF**, this particular security notably featured an **interest rate of 0%**, indicating it was likely structured as a zero-coupon bond or a discount bond where the return was embedded in the redemption value, with its singular payment event occurring at maturity, thereby concluding its lifecycle in the financial markets, a testament to **Cameroon**'s active participation as an issuer in the regional debt market to manage public finance and fund development initiatives. |
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