Bond Zambie 0% ( ZM3000010592 ) in ZMW

Issuer Zambie
Market price 100 %  ⇌ 
Country  Zambia
ISIN code  ZM3000010592 ( in ZMW )
Interest rate 0%
Maturity 11/07/2023 - Bond has expired



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Minimal amount 5 000 ZMW
Total amount 220 970 000 ZMW
Detailed description Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry.

The Republic of Zambia, a sovereign entity located in Southern Africa recognized for its emerging market economy and significant natural resources, notably copper, recently saw the successful maturity of one of its domestic debt instruments. Identified by the ISIN code ZM3000010592, this bond, denominated in Zambian Kwacha (ZMW), reached its scheduled maturity date on July 11, 2023. The total issuance size for this obligation was ZMW 220,970,000, with a minimum purchase threshold set at ZMW 5,000. Structured with a 0% interest rate, the bond featured a single principal repayment at its maturity. Upon reaching this date, the bond was fully reimbursed by the issuer, with its market price standing at 100% at the time of repayment, confirming the complete fulfillment of Zambia's commitment to its bondholders.