Bond Zambie 9% ( ZM1000005232 ) in ZMW

Issuer Zambie
Market price 100 %  ▲ 
Country  Zambia
ISIN code  ZM1000005232 ( in ZMW )
Interest rate 9% per year ( payment 1 time a year)
Maturity 03/05/2024 - Bond has expired



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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 ZM1000005232, a bond issued by the Republic of Zambia, an emerging market sovereign nation, has recently reached its maturity and was successfully repaid; denominated in Zambian Kwacha (ZMW), this debt security carried an annual interest rate of 9% with a yearly payment frequency, and was reimbursed at its 100% par value upon its maturity date of May 3, 2024, underscoring the issuer's commitment to its domestic financial obligations.