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ItalianoBond Zambie 9% ( ZM1000004755 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM1000004755 ( in ZMW )
|
| Interest rate | 9% per year ( payment 1 time a year) |
| Maturity | 03/05/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 5 000 ZMW |
| Total amount | 470 560 000 ZMW |
| Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. A fixed-income instrument issued by the Republic of Zambia, identified by its ISIN code ZM1000004755, has successfully completed its lifecycle, having matured and been fully redeemed. As a sovereign issuer in Southern Africa, Zambia regularly engages with capital markets to secure funding for its national development and budgetary requirements. This particular bond, denominated in Zambian Kwacha (ZMW), featured an annual interest rate of 9% and was part of a total issuance valued at ZMW 470,560,000. Designed with a minimum investment threshold of ZMW 5,000, the bond was structured to make interest payments with an annual frequency. Upon its maturity date of May 3, 2023, the principal amount of this bond was repaid to investors at 100% of its face value, confirming its full redemption. |