Bond Zambie 9% ( ZM1000004631 ) in ZMW

Issuer Zambie
Market price 100 %  ⇌ 
Country  Zambia
ISIN code  ZM1000004631 ( in ZMW )
Interest rate 9% per year ( payment 1 time a year)
Maturity 25/01/2023 - Bond has expired



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Minimal amount 5 000 ZMW
Total amount 73 360 000 ZMW
Detailed description Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry.

The financial instrument identified by ISIN ZM1000004631 was a sovereign bond issued by Zambia, an African nation that serves as both the issuer and country of issuance, representing a total offering size of 73,360,000 Zambian Kwacha (ZMW) with a minimum purchase denomination of ZMW 5,000; this debt security, which paid an annual interest rate of 9% and was historically priced at 100% in the market, successfully reached its maturity on January 25, 2023, and has since been fully repaid by the Zambian government, fulfilling its obligations to bondholders.