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ItalianoBond Zambie 0% ( ZM3000005147 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000005147 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 27/05/2019 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 5 000 ZMW |
| Total amount | 421 650 000 ZMW |
| 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 fixed-income security issued by the Republic of Zambia, identified by ISIN ZM3000005147, reveals that this bond, with a total issuance size of ZMW 421,650,000 and a minimum purchase increment of ZMW 5,000, successfully matured on May 27, 2019, and was subsequently redeemed at 100% of its par value, a standard outcome for such instruments issued by the Southern African sovereign nation recognized for its significant natural resource exports, particularly copper, and its periodic engagement in both domestic and international debt markets, despite this particular bond having featured a 0% interest rate and an indicated payment frequency of one. |