Bond Zambie 0% ( ZM3000010840 ) in ZMW

Issuer Zambie
Market price 100 %  ▲ 
Country  Zambia
ISIN code  ZM3000010840 ( in ZMW )
Interest rate 0%
Maturity 03/01/2024 - 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.

The Republic of Zambia, a sovereign issuer, has successfully concluded the repayment of its debt instrument identified by ISIN ZM3000010840. This bond, denominated in Zambian Kwacha (ZMW), featured a 0% interest rate, indicating its structure as a zero-coupon or non-interest bearing security. With a maturity date of January 3, 2024, the bond reached its full term and was repaid at 100% of its face value, aligning with its single payment frequency structure upon redemption.