Bond Zambie 0% ( ZM3000007671 ) in ZMW
Issuer | Zambie |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 21/09/2020 - Bond has expired |
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Minimal amount | 5 000 ZMW |
Total amount | 53 790 000 ZMW |
Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. Analysis of a specific sovereign debt instrument issued by the Republic of Zambia, a Southern African nation actively engaged in international capital markets to finance its public expenditure and development initiatives, reveals its key characteristics and final status. Identified by ISIN ZM3000007671, this bond was denominated in the Zambian Kwacha (ZMW) and represented a total issuance size of ZMW 53,790,000, with a minimum purchase requirement of ZMW 5,000 per investor. Noteworthy for its 0% interest rate, this security reached its scheduled maturity date on September 21, 2020, at which point its market price stood at 100% of its face value, confirming its successful and full repayment by the sovereign issuer. |