Bond Zambie 14% ( ZM1000004565 ) in ZMW

Issuer	Zambie
Market price	100 % ⇌
Country	Zambia
ISIN code	ZM1000004565 ( in ZMW )
Interest rate	14% per year ( payment 1 time a year)
Maturity	02/11/2035
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Minimal amount	5 000 ZMW
Total amount	21 970 000 ZMW
Next Coupon	02/11/2025 ( In 80 days )
Detailed description	Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. The Republic of Zambia, an emerging market sovereign in Southern Africa with an economy traditionally reliant on copper mining, has issued a notable fixed-income instrument, identifiable by ISIN ZM1000004565, which is presently quoted at 100% of its face value on the market. This bond, denominated in Zambian Kwacha (ZMW), features a substantial annual coupon rate of 14% and is part of a larger issuance with a total size amounting to ZMW 21,970,000, offering investors a minimum purchase increment of ZMW 5,000. Scheduled for maturity on November 2, 2035, this long-dated security provides annual interest payments, reflecting the nation's strategy to finance its operations and development through debt capital markets.