Bond Gabonese 0% ( GA1200000816 ) in XAF
| Issuer | Gabonese |
| Market price | 100 % ⇌ |
| Country | Gabon
|
| ISIN code |
GA1200000816 ( in XAF )
|
| Interest rate | 0% |
| Maturity | 05/07/2019 - 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 | 8 000 000 000 XAF |
| Detailed description |
Gabon is a Central African country with diverse ecosystems, including rainforests, savannas, and coastlines, known for its rich biodiversity and significant oil reserves. A detailed review of a specific debt instrument issued by Gabon, a Central African nation strategically important for its natural resources including oil and timber, reveals key characteristics of its sovereign debt management; this particular bond, identified by ISIN GA1200000816, was denominated in XAF, with a total issuance size of 8,000,000,000 Central African CFA Francs, requiring a minimum purchase amount of 1,000,000 XAF, notably featured a zero-coupon rate meaning no periodic interest payments, and successfully reached its maturity on July 5, 2019, at which point it was redeemed at 100% of its face value, reflecting its final market price and the full repayment of principal to investors. |
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