Bond Zambie 14% ( ZM1000004805 ) in ZMW

Issuer	Zambie
Market price	100 % ⇌
Country	Zambia
ISIN code	ZM1000004805 ( in ZMW )
Interest rate	14% per year ( payment 1 time a year)
Maturity	31/05/2036
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Minimal amount	5 000 ZMW
Total amount	300 000 000 ZMW
Next Coupon	31/05/2026 ( In 290 days )
Detailed description	Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. An analysis of a specific sovereign debt instrument reveals insights into Zambia's fiscal strategy and investor opportunities within an emerging market context. The Republic of Zambia, the issuer of this bond, is an East African nation with a resource-dependent economy, primarily driven by copper mining; its sovereign bonds often reflect the country's economic stability, fiscal policies, and ongoing efforts to manage public debt and attract foreign investment, positioning it as an emerging market that offers potential for higher yields, albeit accompanied by distinct risk considerations. This particular bond, identified by ISIN ZM1000004805, is denominated in Zambian Kwacha (ZMW) and currently trades at par, reflecting a market price of 100% of its nominal value. The instrument features a fixed annual interest rate of 14%, offering investors a substantial yield in local currency. The total size of this issuance is ZMW 300,000,000, with a maturity date set for May 31, 2036. For potential investors, the minimum acquisition size is ZMW 5,000, and interest payments are scheduled to occur annually, presenting a local currency investment opportunity that allows exposure to Zambian sovereign debt, with its current pricing at par and a 14% coupon positioning it as an instrument for investors seeking yield from an emerging market sovereign, contingent on an assessment of Zambia's economic trajectory and currency stability.