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ItalianoBond Zambie 0% ( ZM3000008463 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000008463 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 14/03/2022 - 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 | 1 308 710 000 ZMW |
| Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. The bond, identified by the ISIN ZM3000008463, issued by the sovereign state of Zambia?a Southern African nation that utilizes debt instruments for its fiscal and developmental objectives?has officially reached its maturity date of March 14, 2022, and has subsequently been fully redeemed. Denominated in Zambian Kwacha (ZMW), this particular obligation, with a total issuance size of ZMW 1,308,710,000 and a minimum purchase size of ZMW 5,000, notably featured a 0% interest rate, and was thus redeemed at 100% of its face value upon maturity, reflecting a principal repayment without any prior or periodic coupon distributions. |