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ItalianoBond Zambie 0% ( ZM3000010048 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000010048 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 27/03/2023 - 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 | 3 740 000 ZMW |
| Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. A recently matured financial instrument, identified by its ISIN code ZM3000010048, was issued by the Republic of Zambia, a Southern African nation recognized for its significant natural resource wealth, primarily copper, and its ongoing efforts to manage its public finances through sovereign debt instruments. This specific bond, denominated in Zambian Kwacha (ZMW) with a total issuance size of ZMW 3,740,000 and a minimum purchase threshold of ZMW 5,000, reached its maturity date on March 27, 2023. Notably, the bond carried a 0% stated interest rate with a single payment frequency, and its current market price stood at 100% upon its recent redemption, confirming that the principal amount was fully repaid to investors as it successfully matured and was subsequently redeemed. |