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ItalianoBond AbsaBanque 0% ( MU0484D00075 ) in USD
| Issuer | AbsaBanque |
| Market price | 100 % ⇌ |
| Country |  South Africa
|
| ISIN code |
 MU0484D00075 ( in USD )
|
| Interest rate | 0% |
| Maturity | 16/04/2024 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 914 000 USD |
| Detailed description |
Absa Bank is a leading African financial services group offering a range of banking, wealth, and insurance solutions across various countries, primarily in Africa. An analysis of the fixed-income market highlights the recent maturity and full redemption of Absa Bank's zero-coupon bond, ISIN MU0484D00075, a USD-denominated instrument issued from South Africa, which was part of a total issuance volume of 914,000 units with a minimum investment lot of 1,000 units, carried a 0% interest rate throughout its term, and was redeemed at its 100% par value upon its maturity on April 16, 2024, with Absa Bank, a leading financial institution headquartered in South Africa, having acted as the issuer for this obligation which has now concluded its lifecycle. |