[Listed bonds](<https://brvmdata.com/en/obligations/>) · Securitisations (FCTC) and sukuk

# FCTC ZAKA RMBS NSIA BANQUE CI 7,00% 2025-2036

**FNSBC.O4** · ISIN TG0000003367 · FCTC ZAKA · Togo · coupon 7.00% · maturity 2036 · semi-annual coupon · constant amortisation

100.00 % of par last trade on 6 Nov 2026 [Official bulletin no. 213](<https://www.brvm.org/sites/default/files/boc_20261109_2.pdf>)

 

## Key figures

|  |  |
| --- | --- |
| Price (% of par) | 100.00 |
| Nominal outstanding per bond (XOF) | 9,130 |
| Accrued coupon per bond (XOF) | 248.64 |
| Dirty price (% of par) | 102.72 |
| Gross yield to maturity (%) | 7.11 |
| Weighted-average life (years) | 5.11 |
| Macaulay duration (years) | 4.05 |
| Modified duration | 3.78 |
| Next coupon | 20 Dec 2026 · XOF 320.43 net |
| Final payment (DC/BR schedule) | 20 Dec 2036 |
| Sessions traded in a year | 11 |
| Value traded in a year (XOF m) | 17.2 |

Price and accrued coupon from the bulletin of 9 Nov 2026.

Yield at the trade of 6 Nov 2026 (price 100.00).

Gross yield to maturity (before IRVM tax), actual/365, annual compounding, on the remaining DC/BR flows; duration at the last-trade yield. [Method](<https://brvmdata.com/en/obligations/#methode>)

 

## Price

[Chart: FCTC ZAKA RMBS NSIA BANQUE CI 7,00% 2025-2036 — Price 2026–2026]

[Chart: FCTC ZAKA RMBS NSIA BANQUE CI 7,00% 2025-2036 — Value 1 yr (XOF m)]

Daily maximum: 15. Envelope: maximum per column, not a sum of sessions.

Price of traded sessions in % of the nominal outstanding, 29 Apr 2026 – 6 Nov 2026; value traded below

Every session comes from the official bulletin (BOC).

Bars: value traded per session, max XOF 15.1m.

 

## Yield

[Chart: FCTC ZAKA RMBS NSIA BANQUE CI 7,00% 2025-2036 — Yield]

Gross yield to maturity (%) at each trade printed in a bulletin, 29 Apr 2026 – 6 Nov 2026

Same method as the bond board, at the date and price of each trade. bfin sessions left out (no accrued coupon or nominal).

 

## Cash-flow schedule

[Chart: Remaining flows per 100 of nominal on 9 Nov 2026: coupon and principal (total per date)]

Remaining flows per 100 of nominal on 9 Nov 2026: coupon and principal (total per date)

DC/BR schedule of the whole issue: 23 payments, 21 still to come

| No. | Date | Gross coupon (XOF m) | Principal (XOF m) | Outstanding after payment (XOF m) | Flow per 100 |
| --- | --- | --- | --- | --- | --- |
| 1 | 20 Dec 2025 | 147.4 | 315.4 | 6,934.6 |  |
| 2 | 20 Jun 2026 | 242.0 | 315.4 | 6,619.2 |  |
| 3 | 20 Dec 2026 | 232.3 | 315.4 | 6,303.9 | 8.27 |
| 4 | 20 Jun 2027 | 220.0 | 315.4 | 5,988.5 | 8.09 |
| 5 | 20 Dec 2027 | 210.2 | 315.4 | 5,673.1 | 7.94 |
| 6 | 20 Jun 2028 | 198.6 | 315.4 | 5,357.8 | 7.76 |
| 7 | 20 Dec 2028 | 187.5 | 315.4 | 5,042.4 | 7.60 |
| 8 | 20 Jun 2029 | 176.0 | 315.4 | 4,727.0 | 7.42 |
| 9 | 20 Dec 2029 | 165.9 | 315.4 | 4,411.6 | 7.27 |
| 10 | 20 Jun 2030 | 154.0 | 315.4 | 4,096.2 | 7.09 |
| 11 | 20 Dec 2030 | 143.8 | 315.4 | 3,780.9 | 6.94 |
| 12 | 20 Jun 2031 | 132.0 | 315.4 | 3,465.5 | 6.76 |
| 13 | 20 Dec 2031 | 121.6 | 315.4 | 3,150.1 | 6.60 |
| 14 | 20 Jun 2032 | 110.3 | 315.4 | 2,834.8 | 6.43 |
| 15 | 20 Dec 2032 | 99.2 | 315.4 | 2,519.4 | 6.26 |
| 16 | 20 Jun 2033 | 87.9 | 315.4 | 2,204.0 | 6.09 |
| 17 | 20 Dec 2033 | 77.4 | 315.4 | 1,888.6 | 5.93 |
| 18 | 20 Jun 2034 | 65.9 | 315.4 | 1,573.2 | 5.76 |
| 19 | 20 Dec 2034 | 55.2 | 315.4 | 1,257.9 | 5.60 |
| 20 | 20 Jun 2035 | 43.9 | 315.4 | 942.5 | 5.43 |
| 21 | 20 Dec 2035 | 33.1 | 315.4 | 627.1 | 5.26 |
| 22 | 20 Jun 2036 | 21.9 | 315.4 | 311.8 | 5.10 |
| 23 | 20 Dec 2036 | 10.9 | 311.8 | 0.0 | 4.87 |

Whole-issue amounts as published by the DC/BR. Flow per 100: coupon and principal over the principal still due on 9 Nov 2026, the basis of the yield.

[DC/BR technical sheet](<https://dcbruemoa.org/fiche-technique/emprunt-obligataire-fctc-zaka-rmbs-nsia-banque-700-2025-2036>)

 

## Terms of issue

|  |  |
| --- | --- |
| Designation | FCTC ZAKA RMBS NSIA BANQUE 7,00% 2025-2036 |
| Issuer | FCTC ZAKA |
| Security type | Obligations |
| Secondary market | Titres admis aux opérations du DC/BR |
| Indicative amount (XOF) | 7,250,000,000 |
| Amount raised (XOF) | 7,250,000,000 |
| Nominal value (XOF) | 10,000 |
| Number of securities | 725,000 |
| Issue price (XOF) | 10,000 |
| Effective date | 5 September 2025 |
| Gross rate (%) | 7.00 |
| Net rate (%) | 7.00 |
| Gross coupon (XOF) | 700.00 |
| Net coupon (XOF) | 700.00 |
| Periodicity | Semestrielle |
| Term | 136 mois |
| Repayment | Pas de différé, amortissement semestriel |
| Redemption price (XOF) | 10,000 |
| IRVM tax (%) | 0 |
| Registrar | IMPAXIS SECURITIES |

Sheet matched by the coupon calendar; values as typed by the DC/BR.

[DC/BR technical sheet](<https://dcbruemoa.org/fiche-technique/emprunt-obligataire-fctc-zaka-rmbs-nsia-banque-700-2025-2036>)

[Official bulletin no. 213](<https://www.brvm.org/sites/default/files/boc_20261109_2.pdf>)

---

[Canonical page](<https://brvmdata.com/en/obligations/fnsbc-o4/>)

Data as of 9 November 2026 (latest published BRVM session).

Chart data: [Source tables](<https://brvmdata.com/en/donnees/#telechargements>).

## Sources for this page

- [Official bulletin no. 213 (9 Nov 2026)](<https://www.brvm.org/sites/default/files/boc_20261109_2.pdf>)
- [DC/BR — technical sheet TG0000003367](<https://dcbruemoa.org/fiche-technique/emprunt-obligataire-fctc-zaka-rmbs-nsia-banque-700-2025-2036>)