Bond Zambie 13% ( ZM1000005695 ) in ZMW

Issuer	Zambie
Market price	100 % ▲
Country	Zambia
ISIN code	ZM1000005695 ( in ZMW )
Interest rate	13% per year ( payment 1 time a year)
Maturity	03/04/2033
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Minimal amount	/
Total amount	/
Next Coupon	03/04/2026 ( In 232 days )
Detailed description	Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. A significant fixed-income instrument currently active in the emerging markets debt space is a sovereign bond issued by the Republic of Zambia, precisely identified by its ISIN ZM1000005695. As the sovereign issuer, Zambia, a key economy within Southern Africa, offers this particular obligation denominated in its domestic currency, the Zambian Kwacha (ZMW). This bond is structured with a substantial annual interest rate of 13%, with coupon payments scheduled to occur annually, providing investors with a consistent income stream. The instrument is set to mature on April 3, 2033, offering a long-term investment horizon. Notably, the bond is presently trading at 100% of its face value in the secondary market, indicating its current valuation at par.