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ItalianoBond Zambie 12% ( ZM1000003245 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
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| ISIN code |
 ZM1000003245 ( in ZMW )
|
| Interest rate | 12% per year ( payment 1 time a year) |
| Maturity | 05/07/2024 - Bond has expired |
|
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 | 89 760 000 ZMW |
| Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. This financial analysis details the ZM1000003245 bond, a sovereign debt instrument issued by the Republic of Zambia, an emerging market economy located in Sub-Saharan Africa known for its significant copper reserves and a macroeconomic environment that warrants particular attention from fixed-income investors. Denominated in Zambian Kwacha (ZMW), this obligation featured an annual interest rate of 12% on its total issue size of ZMW 89,760,000, with a minimum acquisition unit established at ZMW 5,000. Operating with an annual payment frequency, this bond, whose current market price stood at 100%, successfully reached its scheduled maturity date on July 5, 2024, and was subsequently redeemed at its full face value, unequivocally confirming the Republic of Zambia's fulfillment of its repayment commitments to the bondholders for this specific domestic issuance. |