Bond Zambie 9% ( ZM1000004391 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country | Zambia
|
| ISIN code |
ZM1000004391 ( in ZMW )
|
| Interest rate | 9% per year ( payment 1 time a year) |
| Maturity | 29/06/2022 - 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 | 357 000 000 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 Southern African sovereign issuer with a developing economy primarily driven by its mineral resources, notably copper, has successfully repaid its ZMW-denominated bond identified by ISIN ZM1000004391, which matured on June 29, 2022. This fixed-income instrument, part of a total issuance valued at ZMW 357,000,000 and featuring an annual interest rate of 9%, was fully redeemed at its par value of 100%, having offered investors a minimum purchase threshold of ZMW 5,000. |
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