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ItalianoBond AbsaCorp 0% ( ZAG000135997 ) in ZAR
| Issuer | AbsaCorp | ||
| Market price |  100 % ⇌ |
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| Country |  South Africa
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| ISIN code |
 ZAG000135997 ( in ZAR )
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| Interest rate | 0% | ||
| Maturity | 05/05/2026 | ||
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| Minimal amount | 1 000 000 ZAR | ||
| Total amount | 31 000 000 ZAR | ||
| 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. Absa Group, a prominent South African financial services organization headquartered in Johannesburg, has an outstanding bond issue, identified by ISIN ZAG000135997. This bond, denominated in South African Rand (ZAR) and issued in South Africa, is currently quoted at 100% of its face value in the market. As a zero-coupon instrument, it features a stated interest rate of 0% and is structured to mature on May 5, 2026, with a single principal repayment occurring at maturity. The total size of this particular bond issuance amounts to ZAR 31,000,000, with a minimum acquisition threshold set at ZAR 1,000,000 per purchase lot. |
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