Bond Kamerun 0% ( CM1200000931 ) in XAF

Issuer	Kamerun
Market price	100 % ⇌
Country	Cameroon
ISIN code	CM1200000931 ( in XAF )
Interest rate	0%
Maturity	12/02/2021 - Bond has expired
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Minimal amount	1 000 000 XAF
Total amount	30 000 000 000 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 Republic of Cameroon, a Central African nation with an economy underpinned by oil, agriculture, and timber, has successfully concluded its financial obligation concerning a specific bond issuance identified by ISIN code CM1200000931. This debt instrument, denominated in XAF, formed part of a substantial issuance totaling 30,000,000,000.00 XAF, with a minimum investment threshold set at 1,000,000.00 XAF. While designated as a bond, its key features included a 0% interest rate; this, combined with its reported market price of 100% and confirmed repayment at maturity, signifies that it functioned as a non-interest-bearing principal repayment instrument, where investors received back their initial capital at par. The bond reached its maturity on February 12, 2021, and with a payment frequency of '1', it affirmed a singular principal redemption event. The confirmed maturity and full repayment of this bond underscore Cameroon's commitment as a sovereign issuer to honor its debt obligations, thereby reinforcing its standing in the fixed-income market by demonstrating fiscal responsibility.