Bond Zambie 0% ( ZM3000007994 ) in ZMW

Issuer Zambie
Market price 100 %  ⇌ 
Country  Zambia
ISIN code  ZM3000007994 ( in ZMW )
Interest rate 0%
Maturity 11/01/2021 - Bond has expired



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Minimal amount 5 000 ZMW
Total amount 126 800 000 ZMW
Detailed description Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry.

A specific bond instrument, identified by ISIN ZM3000007994, issued by the Republic of Zambia?a Southern African sovereign entity recognized for its resource-based economy, particularly copper, and its consistent engagement in global financial markets?has successfully completed its term, with this Zambian Kwacha (ZMW) denominated bond, having an original total issuance size of ZMW 126,800,000 and a minimum purchase size of ZMW 5,000, characterized by a 0% interest rate and a single payment frequency, reaching its maturity on January 11, 2021, at which point its market price was recorded at 100%, signifying its full repayment and Zambia's adherence to its financial commitments.