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ItalianoBond Zambie 0% ( ZM3000008216 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000008216 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 20/09/2021 - 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 | 165 580 000 ZMW |
| Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. This financial analysis focuses on the recently matured and redeemed Zambian sovereign bond, identified by ISIN ZM3000008216, which was issued by the Republic of Zambia, a landlocked Southern African nation whose economy is heavily reliant on its copper mining industry and agricultural sector, navigating its public finance through instruments like this bond. Denominated in Zambian Kwacha (ZMW), this specific zero-coupon obligation, bearing a 0% interest rate and having a total issuance size of 165,580,000 ZMW with a minimum purchase amount of 5,000 ZMW, reached its maturity date on September 20, 2021, and was subsequently redeemed at 100% of its face value, signifying the completion of this financial commitment. |