Bond Kamerun 0% ( CM1200000923 ) in XAF

Issuer Kamerun
Market price 100 %  ⇌ 
Country  Cameroon
ISIN code  CM1200000923 ( in XAF )
Interest rate 0%
Maturity 15/01/2021 - Bond has expired



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Minimal amount 1 000 000 XAF
Total amount 25 000 000 000 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 financial landscape recently observed the successful maturity and repayment of a specific sovereign debt instrument issued by the Republic of Cameroon, a Central African nation renowned for its diverse economy and strategic regional importance. This particular bond, uniquely identified by the ISIN code CM1200000923, concluded its lifecycle on January 15, 2021, as it reached its predetermined maturity date, having been issued by the Cameroonian government and denominated in XAF, the currency of the CEMAC zone, underpinning its relevance within the Central African financial market. A notable characteristic of this instrument was its stated interest rate of 0%, which positioned it as a zero-coupon or deeply discounted bond, an uncommon feature for a standard 'bond' type, implying it might have been issued at a discount to yield effectively or served a specific purpose within the issuer's treasury management, with the bond maintaining a market price of 100% of its nominal value throughout its operational period. The total volume of this issuance amounted to a substantial 25 billion XAF, with a specified minimum investment threshold set at 1 million XAF, aimed at institutional or high-net-worth investors, and a payment frequency noted as '1', typically signifying a single principal repayment at maturity. Upon its scheduled maturity, the Republic of Cameroon fulfilled its commitment, with the bond being fully reimbursed, a successful repayment that underscores Cameroon's adherence to its financial obligations and serves to positively reinforce its creditworthiness and standing within both regional and international capital markets, demonstrating a consistent capacity to honor its sovereign debt commitments.