Bond Zambie 0% ( ZM3000008067 ) in ZMW
Issuer | Zambie |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 25/10/2021 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 5 000 ZMW |
Total amount | 1 002 890 000 ZMW |
Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. This specific sovereign debt obligation, identified by ISIN ZM3000008067, was issued by the Republic of Zambia, an emerging market economy in Southern Africa that actively participates in both domestic and international debt capital markets to finance its public expenditure and development initiatives. Denominated in Zambian Kwacha (ZMW), this bond represented a total issuance size of ZMW 1,002,890,000, with a minimum investment amount set at ZMW 5,000. Key characteristics of this instrument included a 0% interest rate and a single payment frequency, culminating in its maturity on October 25, 2021, at which time its market price stood at 100% of par. This bond has since been fully repaid by the Zambian government, fulfilling its commitment and concluding the lifecycle of this particular financial instrument. |