Bond AbsaCorp 0% ( ZAG000092669 ) in ZAR
Issuer | AbsaCorp |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 20/03/2014 - 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. An Absa Group bond, identified by ISIN ZAG000092669 and originating from South Africa, matured and was fully redeemed on March 20, 2014, with its principal repaid at 100% of its par value in South African Rand (ZAR). Absa Group, a prominent financial services conglomerate headquartered in South Africa, successfully discharged its obligations for this specific debt instrument, which was characterized by a stated 0% interest rate and an indicated payment frequency of one, signifying a single principal redemption at maturity, thereby concluding its lifecycle as per its terms. |