Bond Zambie 9% ( ZM1000004573 ) in ZMW

Issuer Zambie
Market price 100 %  ⇌ 
Country  Zambia
ISIN code  ZM1000004573 ( in ZMW )
Interest rate 9% per year ( payment 1 time a year)
Maturity 30/11/2022 - Bond has expired



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Minimal amount 5 000 ZMW
Total amount 284 280 000 ZMW
Detailed description Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry.

The ZM1000004573 bond, a fixed-income instrument issued by the Republic of Zambia, a sovereign nation in Southern Africa that actively participates in global and domestic capital markets to fund its national development and budgetary requirements, has successfully completed its lifecycle, having matured and been fully repaid on November 30, 2022, with this Zambian Kwacha (ZMW) denominated obligation featuring an annual interest rate of 9% on its total issue size of ZMW 284,280,000 and originally available for a minimum purchase of ZMW 5,000, a redemption that occurred with its market price at maturity noted at 100%.