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ItalianoBond Zambie 0% ( ZM3000007952 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000007952 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 28/12/2020 - 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 | 219 980 000 ZMW |
| Detailed description |
Zambia is a landlocked Southern African country known for its abundant wildlife, Victoria Falls, and copper mining industry. The Zambian government, as the sovereign issuer, successfully concluded the lifecycle of its zero-coupon bond with ISIN ZM3000007952, denominated in Zambian Kwacha (ZMW), which reached its maturity date on December 28, 2020. Issued by the Republic of Zambia, this obligation had a total issuance size of ZMW 219,980,000, with a minimum purchase increment of ZMW 5,000. Despite its 0% interest rate, the bond's principal was fully repaid at par, reflecting its 100% redemption value upon maturity, confirming its full repayment status. |