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ItalianoBond Zambie 0% ( ZM3000007820 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000007820 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 03/08/2021 - 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 | 867 110 000 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 state located in Southern Africa and a significant global copper producer which has recently navigated complex sovereign debt restructuring efforts, successfully redeemed its zero-coupon bond (ISIN: ZM3000007820) at 100% of its par value upon its maturity on August 3, 2021. This ZMW-denominated financial instrument, part of a total issuance amounting to ZMW 867,110,000 with a minimum purchase threshold of ZMW 5,000, carried a 0% interest rate, and its punctual redemption serves as an indication of the issuer's commitment to honoring specific financial obligations. |