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ItalianoBond Zambie 0% ( ZM3000007606 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000007606 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 24/11/2020 - 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 | 488 030 000 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 sovereign debt instruments reveals details concerning a specific bond issued by Zambia, a Southern African nation recognized for its natural resource wealth and developing economy. The debt instrument, identified by its ISIN ZM3000007606, was a Zambian Kwacha (ZMW) denominated obligation. It had an aggregate issuance size of ZMW 488,030,000, with an accessibility threshold for investors set at a minimum purchase of ZMW 5,000. Notably, this bond carried a stated interest rate of 0% and featured an annual payment frequency. Having reached its scheduled maturity date of November 24, 2020, the bond has been successfully redeemed and repaid at its full par value, as reflected by its 100% market price at the point of repayment. |