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ItalianoBond Kamerun 0% ( CM1200000907 ) in XAF
| Issuer | Kamerun |
| Market price | 100 % ⇌ |
| Country |  Cameroon
|
| ISIN code |
 CM1200000907 ( in XAF )
|
| Interest rate | 0% |
| Maturity | 13/11/2020 - 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 | 1 000 000 XAF |
| Total amount | 19 500 000 000 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. A sovereign bond, identified by ISIN CM1200000907, was issued by Cameroon, a nation located in Central Africa known for its rich natural resources and a steadily developing economy, to finance its public expenditure. This financial instrument, denominated in XAF, carried a total issuance volume of XAF 19,500,000,000, with a minimum acquisition threshold set at XAF 1,000,000, and it consistently traded at a market price of 100% in its domestic country of issuance. Notably, the bond featured a 0% interest rate, meaning no periodic coupon payments were distributed, with investors anticipating solely the principal repayment upon its maturity. Having reached its maturity date on November 13, 2020, this obligation, which had a payment frequency of one, has successfully undergone redemption, signifying the complete fulfillment of the issuer's commitment to its bondholders. |