Absa Bank is a leading African financial services group offering a range of banking, wealth, and insurance solutions across various countries, primarily in Africa.
An analysis of a specific debt instrument reveals the details of a zero-coupon bond, identified by ISIN ZAG000084807, issued by Absa Bank, a prominent South African financial services group providing comprehensive retail, business, corporate, and investment banking solutions across the continent; this South African-issued bond, denominated in ZAR, represented a total issuance size of ZAR 98,000,000, with a minimum purchase amount of ZAR 1,000,000, and was originally priced at 100% of its face value, having subsequently reached its maturity on January 31, 2022, and been fully repaid.
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