Français
ItalianoBond Zambie 0% ( ZM3000006228 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000006228 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 20/01/2020 - 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 | 675 930 000 ZMW |
| Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. Zambia, an emerging market sovereign issuer in Southern Africa, tapped the debt capital markets through the issuance of a specific bond, identified by ISIN ZM3000006228, which has since reached its full term. This bond, denominated in Zambian Kwacha (ZMW), represented a total issuance size of ZMW 675,930,000, with a minimum purchase threshold set at ZMW 5,000. Characterized by a 0% interest rate and a singular payment frequency, this structure indicates it was a zero-coupon instrument, designed for investors to purchase at a discount and receive the full principal value upon maturity. The bond reached its scheduled maturity date on January 20, 2020, at which point it was successfully redeemed at 100% of its face value, signifying the fulfillment of the issuer's obligation to bondholders. |