Bond Zambie 0% ( ZM3000005402 ) in ZMW

Issuer Zambie
Market price 100 %  ⇌ 
Country  Zambia
ISIN code  ZM3000005402 ( in ZMW )
Interest rate 0%
Maturity 04/03/2019 - Bond has expired



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Minimal amount 5 000 ZMW
Total amount 152 650 000 ZMW
Detailed description Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry.

The Republic of Zambia, acting as the sovereign issuer, launched a bond instrument (ISIN: ZM3000005402) denominated in Zambian Kwacha (ZMW), characterized by a zero interest rate, an initial total issue size of ZMW 152,650,000, and a minimum purchase threshold of ZMW 5,000; this obligation, with a payment frequency of 1, reached its maturity on March 4, 2019, and has been fully redeemed at 100% of its par value.