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LONDON/JOHANNESBURG, Aug 30 - Gabon's dollar-denominated bonds fell as much as 14 cents on Wednesday before recovering some of their losses, after the military said it had seized power in the Central African nation, Tradeweb data showed.
That was still the biggest fall since the COVID-19 market rout of March 2020. Its two 2031 maturities were both down around 7.25 cents. Gabon completed a $436 million "debt for nature" swap earlier this month, where it exchanged parts of the 2025 and 2031 Eurobonds for a"blue bond" maturing in 2038. That bond fell 2.052 cents on the dollar to 98.2 cents.
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