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ItalianoBond Zambie 0% ( ZM3000009388 ) in ZMW
| Issuer | Zambie |
| Market price | 100 % ⇌ |
| Country |  Zambia
|
| ISIN code |
 ZM3000009388 ( in ZMW )
|
| Interest rate | 0% |
| Maturity | 30/01/2023 - 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 | 1 152 370 000 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 entity within the sub-Saharan African financial landscape, has successfully completed the repayment of its ZMW-denominated bond, ISIN ZM3000009388, which officially matured on January 30, 2023. This particular debt instrument, part of a total issuance valued at ZMW 1,152,370,000 with a minimum investment size of ZMW 5,000, was characterized by a 0% interest rate, indicating it was structured for a singular principal repayment at its maturity, where it was quoted at 100% of its face value on the market. The successful and full repayment of this obligation demonstrates Zambia's adherence to its financial commitments as an issuer. |