Bond Goldman & Sachs 0% ( XS2482474520 ) in ZAR

Issuer	Goldman & Sachs
Market price	100 % ▲
Country	United States
ISIN code	XS2482474520 ( in ZAR )
Interest rate	0%
Maturity	25/05/2028
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Detailed description	Goldman Sachs is a leading global investment banking, securities, and investment management firm that provides a wide range of financial services to corporations, governments, and high-net-worth individuals. This financial instrument, identified by ISIN code XS2482474520, is an obligation issued by Goldman Sachs, a globally preeminent investment banking, securities, and investment management firm founded in 1869 and headquartered in the United States. As a cornerstone of the global financial industry, Goldman Sachs? operations span across diverse financial markets, encompassing advisory services, asset management, and extensive trading activities, lending significant institutional credibility to its debt offerings. This particular bond, originating from the United States, is denominated in South African Rand (ZAR) and matures on May 25, 2028. Notably, it is characterized by a 0% interest rate and a stated payment frequency of 1, signifying its structure as a zero-coupon bond, where investors typically purchase the instrument at a discount and receive its full principal value at maturity, thus realizing their yield from the capital appreciation. Its current market price stands at 100% of its face value, indicating it is trading at par, which for a zero-coupon instrument implies that, from its present acquisition price, there would be no direct interest income or capital gain if held until maturity, positioning it as an asset potentially favored for specific strategic purposes such as portfolio diversification, currency exposure management against the ZAR, or as a component in complex financial engineering strategies rather than for traditional yield generation.