Bond AbsaCorp 0% ( ZAG000082975 ) in ZAR

Issuer	AbsaCorp
Market price	100 % ⇌
Country	South Africa
ISIN code	ZAG000082975 ( in ZAR )
Interest rate	0%
Maturity	20/12/2019 - Bond has expired
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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. A specific financial instrument, identified by the ISIN code ZAG000082975, has completed its lifecycle within the financial market. This bond was issued by Absa Group, a prominent and well-established South African financial services organization with a significant operational presence across the African continent, providing a comprehensive range of banking and financial products. Denominated in South African Rand (ZAR), the instrument originated from South Africa and was notably characterized by a zero percent interest rate throughout its duration. Its prevailing market price at the time of its conclusion was recorded at 100% of its principal value. With its scheduled maturity date on December 20, 2019, and structured for a single payment at its term, this bond has officially matured and has been fully repaid to its holders.