Bond Zambie 0% ( ZM3000009495 ) in ZMW

Issuer Zambie
Market price 100 %  ⇌ 
Country  Zambia
ISIN code  ZM3000009495 ( in ZMW )
Interest rate 0%
Maturity 12/12/2022 - Bond has expired



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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.