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ItalianoBond Zambie 0% ( ZM3000007408 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000007408 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 14/09/2020 - 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 | 119 030 000 ZMW |
| Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. An in-depth review of historical fixed-income securities reveals details concerning a specific zero-coupon bond, identified by ISIN ZM3000007408, which was issued by the Republic of Zambia, a sovereign state in Southern Africa that primarily relies on its natural resources and agriculture for economic development and whose fiscal instruments, such as this bond, are crucial for its domestic and international financial operations; this particular debt instrument, denominated in Zambian Kwacha (ZMW), featured a total issuance size of ZMW 119,030,000, allowed for a minimum purchase of ZMW 5,000, carried no nominal interest rate as a zero-coupon instrument, was valued at 100% on the market prior to its maturity, and, having successfully reached its full maturity on September 14, 2020, has subsequently been fully repaid to its bondholders. |