Bond Zambie 9% ( ZM1000004631 ) in ZMW
Issuer | Zambie |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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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. |