Bond Zambie 12% ( ZM1000003831 ) in ZMW
Issuer | Zambie |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 12% per year ( payment 1 time a year) |
Maturity | 26/02/2025 - 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 | 245 150 000 ZMW |
Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. An analysis of a recently matured sovereign bond issued by the Republic of Zambia, an emerging market nation in Southern Africa, reveals the full repayment of the ZM1000003831 bond on its maturity date of February 26, 2025. This ZMW-denominated obligation, part of a total issuance valued at ZMW 245,150,000, featured an annual interest rate of 12% and was last observed trading at 100% of its face value prior to its redemption. The bond, structured to accommodate a minimum investment of ZMW 5,000, successfully fulfilled its obligations to investors. |