Bond AbsaCorp 0% ( ZAG000084716 ) in ZAR

Issuer AbsaCorp
Market price 100 %  ⇌ 
Country  South Africa
ISIN code  ZAG000084716 ( in ZAR )
Interest rate 0%
Maturity 17/03/2016 - Bond has expired



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount /
Total amount /
Detailed description Absa Group Limited is a leading African financial services group offering banking, wealth, and insurance solutions across twelve countries in Africa, with significant operations in South Africa, and international presence in several key global financial centres.

A detailed financial overview of the bond identified by ISIN ZAG000084716 highlights its nature as a debt instrument issued by Absa Group, a significant financial services provider based in South Africa, encompassing retail, corporate, and investment banking operations across the continent; this specific obligation, denominated in South African Rand (ZAR) and issued from South Africa, notably featured a 0% interest rate, suggesting its structure as a zero-coupon bond with a single repayment event, and was recorded at a market price of 100% prior to its maturity on March 17, 2016, upon which it was fully redeemed, confirming the complete repayment of its principal to investors.