Bond Southern Africa 0% ( ZAG000015454 ) in ZAR
| Issuer | Southern Africa |
| Market price | 100 % ⇌ |
| Country | South Africa
|
| ISIN code |
ZAG000015454 ( in ZAR )
|
| Interest rate | 0% |
| Maturity | 30/11/2014 - Bond has expired |
|
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|
| Minimal amount | 1 ZAR |
| Total amount | 33 525 320 ZAR |
| Detailed description |
South Africa is a diverse country located at the southern tip of Africa, renowned for its stunning landscapes, rich biodiversity, vibrant culture, and complex history encompassing colonialism, apartheid, and a subsequent transition to democracy. An analysis of the bond identified by ISIN ZAG000015454 reveals it was a zero-coupon obligation issued by the Republic of South Africa, a significant sovereign entity active in the African debt capital markets. Denominated in South African Rand (ZAR), this particular bond had a total issuance size of ZAR 33,525,320 and was characterized by a 0% interest rate, indicating its structure as a discount instrument. With a minimum acquisition unit of 1, the bond successfully reached its maturity date on November 30, 2014, when it was repaid at 100% of its principal value, confirming its full redemption by the issuer. |
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South Africa