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ItalianoBond AbsaCorp 0% ( ZAE000289278 ) in ZAR
| Issuer | AbsaCorp |
| Market price | 100 % ⇌ |
| Country |  South Africa
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| ISIN code |
 ZAE000289278 ( in ZAR )
|
| Interest rate | 0% |
| Maturity | 25/07/2025 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| 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. An analysis of the bond identified by ISIN ZAE000289278 reveals a debt instrument issued by Absa Group, a prominent financial services conglomerate headquartered in South Africa. Absa Group stands as one of Africa's largest diversified financial services providers, with extensive operations across the continent, offering a comprehensive suite of banking, wealth management, and insurance solutions to a wide range of corporate, institutional, and retail clients. This specific bond, issued from South Africa and denominated in South African Rand (ZAR), is currently observed trading at 100% of its nominal value on the market. Notably, it is structured as a zero-coupon bond, evidenced by its 0% interest rate, meaning investors do not receive periodic interest payments. Instead, the full principal amount, alongside any embedded return, is scheduled for a single repayment upon its maturity on July 25, 2025, reflecting a payment frequency of one principal disbursement at the end of its term. |