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ItalianoBond AbsaCorp 0% ( ZAG000084765 ) in ZAR
| Issuer | AbsaCorp | ||
| Market price |  100 % ⇌ |
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| Country |  South Africa
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| ISIN code |
 ZAG000084765 ( in ZAR )
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| Interest rate | 0% | ||
| Maturity | 17/03/2026 | ||
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| Minimal amount | 1 000 000 ZAR | ||
| Total amount | 135 000 000 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 leading pan-African financial services conglomerate headquartered in South Africa, has issued a bond, identified by ISIN ZAG000084765, originating from South Africa and currently trading at 100% of its par value in South African Rand (ZAR) on the market, representing a component of a total issuance size of ZAR 135,000,000 with a minimum purchase amount set at ZAR 1,000,000, which matures on March 17, 2026, and is notable for its zero-percent interest rate, consequently featuring a payment frequency of one, likely indicating a single principal repayment at maturity. |
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