Bond Zambie 14% ( ZM1000003211 ) in ZMW
Issuer | Zambie |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 14% per year ( payment 1 time a year) |
Maturity | 24/04/2032 |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 5 000 ZMW |
Total amount | 433 120 000 ZMW |
Next Coupon | 24/04/2026 ( In 253 days ) |
Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. An analysis of the financial instrument identified by ISIN ZM1000003211 reveals it to be a bond issued by the Republic of Zambia, a Sub-Saharan African nation whose economy is significantly influenced by its vast copper reserves and which has recently undergone, and continues to navigate, complex debt restructuring negotiations with international creditors as it seeks to stabilize its fiscal position and foster sustainable growth. This particular bond, denominated in Zambian Kwacha (ZMW) and currently trading at par (100% of its nominal value) on the market, features an annual interest rate of 14%, reflecting the market's pricing of risk and return for domestic sovereign debt in the country. The total issuance volume for this instrument stands at ZMW 433,120,000, with a minimum investment unit set at ZMW 5,000, making it accessible to various investor segments within the Zambian financial landscape. Structured to mature on April 24, 2032, this bond offers a long-term investment horizon, with interest payments scheduled on an annual basis, providing a consistent income stream to bondholders until its redemption. |