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ItalianoBond Zambie 0% ( ZM3000007762 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000007762 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 18/01/2021 - 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 | 271 000 000 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 a specific debt instrument, identified by its ISIN ZM3000007762, details a bond issued by the Republic of Zambia, an emerging market sovereign in Southern Africa noted for its rich copper resources and developing economy, albeit one that has recently navigated significant sovereign debt challenges; this particular obligation, denominated in Zambian Kwacha (ZMW), carried a total issuance size of ZMW 271,000,000 with a minimum investment threshold set at ZMW 5,000, and notably featured a 0% interest rate alongside a payment frequency of 1, indicating its likely structure as a zero-coupon bond where investor returns were derived from a discount at issuance and full repayment at par, which was reflected in its 100% market price as it approached its maturity date of January 18, 2021, ultimately leading to its successful and confirmed full repayment upon reaching said maturity. |