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ItalianoBond Zambie 0% ( ZM3000008505 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000008505 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 27/03/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 5 000 ZMW |
| Total amount | 752 220 000 ZMW |
| 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 sovereign bond, identified by ISIN ZM3000008505, which was issued by the Republic of Zambia, a Southern African nation characterized by its resource-based economy and its role as an active participant in global debt markets; this specific instrument, denominated in Zambian Kwacha (ZMW), had a total issuance size of ZMW 752,220,000, a minimum purchase amount of ZMW 5,000, and was notable for its 0% interest rate and a payment frequency of one, signifying a single principal repayment upon maturity, which occurred on March 27, 2022, at which point the bond, having traded at 100% of its par value, was successfully repaid by the Zambian government. |