Bond Southern Africa 3.719% ( ZAG000096603 ) in ZAR
| Issuer | Southern Africa |
| Market price | |
| Country | South Africa
|
| ISIN code |
ZAG000096603 ( in ZAR )
|
| Interest rate | 3.719% per year ( payment 2 times a year) |
| Maturity | 30/12/2051 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 ZAR |
| Total amount | 95 025 000 000 ZAR |
| Next Coupon | 31/12/2025 ( In 15 days ) |
| Detailed description |
South Africa is a diverse country located at the southern tip of Africa, renowned for its stunning landscapes, rich biodiversity, vibrant culture, and complex history encompassing colonialism, apartheid, and a subsequent transition to democracy. Investors considering emerging market sovereign debt may note the ZAG000096603 bond, issued by the Republic of South Africa, a prominent economy grappling with both significant resource wealth and complex socio-economic and fiscal challenges. This ZAR-denominated obligation, featuring a 3.719% coupon rate and semi-annual payments, represents a long-term commitment maturing on December 30, 2051, part of a substantial ZAR 95,025,000,000 total issuance. Currently trading at 61.19% of its par value in the secondary market, this instrument offers a remarkably low minimum purchase size of just one unit, providing accessible exposure to South African government credit. |
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South Africa