Bond AbsaBanque 0% ( ZAG000156787 ) in ZAR

Issuer AbsaBanque
Market price 100 %  ⇌ 
Country  South Africa
ISIN code  ZAG000156787 ( in ZAR )
Interest rate 0%
Maturity 07/02/2022 - Bond has expired



Prospectus brochure of the bond Absa Bank ZAG000156787 in ZAR 0%, expired


Minimal amount 1 000 000 ZAR
Total amount 1 225 000 000 ZAR
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.

This financial article reports on the ZAG000156787 bond, an obligation issued by Absa Bank, a leading South African financial services group headquartered in Johannesburg, which, denominated in South African Rand (ZAR), had an initial total issue size of 1,225,000,000 units, with a minimum purchase size of 1,000,000 units, notably featured a 0% interest rate and an annual payment frequency, successfully matured on February 7, 2022, with its market price at 100% at the time of redemption, and has since been fully repaid.