Bond Zambie 0% ( ZM3000006921 ) in ZMW
Issuer | Zambie |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 30/03/2020 - Bond has expired |
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Minimal amount | 5 000 ZMW |
Total amount | 196 400 000 ZMW |
Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. An analysis of the sovereign debt market reveals the specific case of a bond issuance, identified by ISIN ZM3000006921, which originated from Zambia, a landlocked Southern African nation whose economy is significantly influenced by its abundant natural resources, primarily copper mining, making it a prominent sovereign issuer in the region's financial landscape, with this particular instrument having a total issuance size of ZMW 196,400,000, a minimum purchase requirement of ZMW 5,000, and denominated in Zambian Kwacha (ZMW), notably featuring a 0% interest rate and a single payment frequency upon its maturity on March 30, 2020, when it was successfully redeemed at 100% of its principal value, concluding its lifecycle. |