Bond Kamerun 3.7% ( CM2J00000063 ) in XAF

Issuer	Kamerun
Market price	100 % ⇌
Country	Cameroon
ISIN code	CM2J00000063 ( in XAF )
Interest rate	3.7% per year ( payment 1 time a year)
Maturity	29/10/2024 - Bond has expired
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Minimal amount	10 000 XAF
Total amount	30 500 000 000 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 specific bond, identified by the ISIN CM2J00000063, issued by the Republic of Cameroon, recently concluded its financial lifecycle. This obligation, denominated in XAF, featured a fixed interest rate of 3.7% and represented a total issuance size of 30,500,000,000 XAF, with a minimum purchase amount of 10,000 XAF. Payments were structured with an annual frequency. As a prominent Central African nation and a member of the CEMAC zone, Cameroon regularly engages with capital markets to secure funding for its development initiatives, leveraging its diverse economy. The bond, which was initially priced at 100% of its par value upon issuance, reached its maturity date on October 29, 2024. It has been confirmed that this bond has been fully repaid by the issuer, underscoring Cameroon's adherence to its financial commitments and reinforcing its credibility within the debt market.