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ItalianoBond Zambie 0% ( ZM3000009321 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000009321 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 18/07/2022 - 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 | 359 490 000 ZMW |
| Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. The Republic of Zambia, as the issuer, successfully redeemed its bond with ISIN ZM3000009321, which matured on July 18, 2022. This financial instrument, denominated in Zambian Kwacha (ZMW), represented a total issuance size of ZMW 359,490,000, with a minimum purchase threshold of ZMW 5,000. Although structured with a 0% interest rate, indicating it was likely a zero-coupon or discount bond, it was repaid at its 100% par value on its maturity date. This repayment confirms the completion of the sovereign obligation, underscoring the issuer's fulfillment of its commitments. |