Bond Zambie 0% ( ZM3000010527 ) in ZMW

Issuer Zambie
Market price 100 %  ▲ 
Country  Zambia
ISIN code  ZM3000010527 ( in ZMW )
Interest rate 0%
Maturity 11/09/2023 - Bond has expired



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Detailed description Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry.

A recently matured zero-coupon sovereign bond, identifiable by ISIN ZM3000010527 and issued by the Republic of Zambia, a Southern African nation with an economy historically reliant on copper exports and currently navigating emerging market dynamics, has completed its lifecycle, having been fully redeemed at its par value of 100% on its maturity date of September 11, 2023, with its principal denominated in Zambian Kwacha (ZMW) disbursed in a single bullet payment, consistent with its inherent zero-interest rate and absence of periodic coupon payments.