Bond Zambie 0% ( ZM3000008588 ) in ZMW

Issuer	Zambie
Market price	100 % ⇌
Country	Zambia
ISIN code	ZM3000008588 ( in ZMW )
Interest rate	0%
Maturity	25/04/2022 - 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	726 200 000 ZMW
Detailed description	Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. A review of the bond identified by ISIN ZM3000008588 confirms its nature as a sovereign debt obligation, which has recently matured and been fully repaid. Issued by Zambia, the country of issuance, this specific instrument was denominated in Zambian Kwacha (ZMW) and carried a 0% interest rate, a characteristic often indicative of a zero-coupon bond, where the return to the investor is derived from the discount at which it was initially purchased rather than periodic interest payments. The total size of this issuance was ZMW 726,200,000, with a minimum acquisition threshold set at ZMW 5,000. As the issuer, Zambia is a Southern African nation, a sovereign entity active in global financial markets, and an emerging economy primarily driven by its mining sector, particularly copper production. The bond reached its scheduled maturity date on April 25, 2022, and was observed to be trading at 100% of its face value on the market prior to its expiry, with a payment frequency noted as one. Crucially, the bond's full repayment upon maturity confirms the issuer's fulfillment of its obligations for this particular debt instrument.