Bond Zambie 9% ( ZM1000004391 ) in ZMW

Issuer Zambie
Market price 100 %  ⇌ 
Country  Zambia
ISIN code  ZM1000004391 ( in ZMW )
Interest rate 9% per year ( payment 1 time a year)
Maturity 29/06/2022 - Bond has expired



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Minimal amount 5 000 ZMW
Total amount 357 000 000 ZMW
Detailed description Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry.

The Republic of Zambia, a Southern African sovereign issuer with a developing economy primarily driven by its mineral resources, notably copper, has successfully repaid its ZMW-denominated bond identified by ISIN ZM1000004391, which matured on June 29, 2022. This fixed-income instrument, part of a total issuance valued at ZMW 357,000,000 and featuring an annual interest rate of 9%, was fully redeemed at its par value of 100%, having offered investors a minimum purchase threshold of ZMW 5,000.