Bond ABSA Bank plc 5.325% ( ZAG000130964 ) in ZAR
Issuer | ABSA Bank plc | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 5.325% per year ( payment 4 times a year) | ||
Maturity | 11/11/2022 - Bond has expired | ||
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Minimal amount | 1 000 000 ZAR | ||
Total amount | 589 000 000 ZAR | ||
Detailed description |
ABSA Bank Ltd. is a leading financial services group in Africa, offering a wide range of banking and financial products and services to personal and corporate customers across multiple countries. The ZAR-denominated bond (ISIN: ZAG000130964) issued by ABSA Bank Ltd, a prominent financial services group headquartered in South Africa, successfully matured and was repaid on November 11, 2022. This fixed-income security, which had a total issue size of ZAR 589,000,000 and a minimum purchase increment of ZAR 1,000,000, carried an annual interest rate of 5.325% with coupon payments distributed quarterly; upon its maturity, the bond was fully redeemed at 100% of its face value. |