Bond AbsaCorp 0% ( ZAG000088824 ) in ZAR
Issuer | AbsaCorp |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 20/09/2014 - Bond has expired |
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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. This financial analysis details a specific bond, identified by ISIN ZAG000088824, which was issued by Absa Group, a leading diversified financial services organization headquartered in South Africa with a substantial operational footprint across the African continent. Denominated in South African Rand (ZAR) and originating from its country of issuance, South Africa, this fixed-income instrument was characterized by a 0% interest rate and an indicated payment frequency of 1, signifying a singular principal repayment event. Having reached its maturity date on September 20, 2014, the bond, whose market price stood at 100% at the time of its settlement, has since been fully redeemed, concluding its lifecycle within Absa Group's debt portfolio. |