Bond Zambie 0% ( ZM3000009537 ) in ZMW
Issuer | Zambie |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 26/12/2022 - 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 | 619 630 000 ZMW |
Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. Sovereign Debt Profile: ZM3000009537 Bond Issued by the Republic of Zambia Matures at Par The Republic of Zambia, an emerging market economy located in Southern Africa with a significant reliance on copper exports and an ongoing focus on fiscal consolidation and debt sustainability, served as the issuer for the bond identified by ISIN ZM3000009537. This specific debt instrument, a zero-coupon bond denominated in Zambian Kwacha (ZMW), reached its scheduled maturity on December 26, 2022. With an initial total issue size of ZMW 619,630,000 and a minimum purchase increment of ZMW 5,000, the bond was characterized by its 0% interest rate, indicating that investors acquired the bond at a discount to its face value, with the yield realized through the difference between the purchase price and the full principal repayment. Upon its maturity date, the bond was successfully repaid at 100% of its par value, reflecting the full redemption of principal to investors as per its terms and conditions. |