Bond Zambie 14% ( ZM1000002577 ) in ZMW

Issuer	Zambie
Market price	100 % ⇌
Country	Zambia
ISIN code	ZM1000002577 ( in ZMW )
Interest rate	14% per year ( payment 1 time a year)
Maturity	24/11/2029
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Minimal amount	5 000 ZMW
Total amount	53 600 000 ZMW
Next Coupon	24/11/2026 ( In 344 days )
Detailed description	Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. This financial article details a bond issuance, identified by ISIN ZM1000002577, originated by the Republic of Zambia, a sovereign issuer within the Southern African nation, with the bond itself being issued in Zambia and currently trading at 100% of its par value; denominated in Zambian Kwacha (ZMW), it offers an annual interest rate of 14% on a total issue size of ZMW 53,600,000, with a minimum purchase threshold of ZMW 5,000, and is set to mature on November 24, 2029, featuring annual interest payments.