Bond Zambie 0% ( ZM3000009495 ) in ZMW
Issuer | Zambie |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 12/12/2022 - 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 | 416 830 000 ZMW |
Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. The Zambian sovereign bond, identified by ISIN ZM3000009495, successfully reached its maturity on December 12, 2022, and has been fully redeemed, reflecting its current market price of 100% at the time of repayment. Issued by Zambia, a sovereign entity in Southern Africa actively participating in global and domestic debt markets, this particular instrument was denominated in the Zambian Kwacha (ZMW). A distinctive feature of this bond was its zero-coupon structure, carrying a 0% interest rate, with its total issuance size amounting to ZMW 416,830,000 and a minimum purchase size set at ZMW 5,000. The indicated payment frequency of '1' for this obligation referred to the singular principal repayment upon its maturity, confirming its full settlement to investors. |