Bond Zambie 9% ( ZM1000005232 ) 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 | 03/05/2024 - Bond has expired |
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Minimal amount | / |
Total amount | / |
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. |