Bond AbsaCorp 0% ( ZAG000097296 ) in ZAR
Issuer | AbsaCorp |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 20/06/2019 - Bond has expired |
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Minimal amount | 1 000 000 ZAR |
Total amount | 250 000 000 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. A South African-issued bond (ISIN: ZAG000097296) from Absa Group, a leading financial services conglomerate, has officially concluded its lifecycle, having matured and been fully redeemed on June 20, 2019. This ZAR-denominated obligation, with a total issuance size of 250,000,000 and a minimum purchase threshold of 1,000,000, was characterized by a 0% interest rate, a payment frequency of 1, and a final market price of 100% at its redemption. |