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ItalianoBond AbsaCorp 16.35% ( ZAG000125931 ) in ZAR
| Issuer | AbsaCorp |
| Market price | 100 % ⇌ |
| Country |  South Africa
|
| ISIN code |
 ZAG000125931 ( in ZAR )
|
| Interest rate | 16.35% per year ( payment 1 time a year) |
| Maturity | 02/05/2018 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 ZAR |
| Total amount | 17 568 000 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. An overview of the **ZAG000125931 bond**, an instrument issued by **Absa Group**, a prominent financial services provider based in **South Africa**, reveals its past characteristics and status as a fully matured and redeemed fixed-income security; denominated in **South African Rand (ZAR)**, this bond carried an attractive annual interest rate of **16.35%** on its total issuance size of **ZAR 17,568,000**, with a minimum purchase lot set at **ZAR 1,000,000**, and having reached its maturity date on **May 2, 2018**, the instrument, which traded at **100%** of its par value upon redemption, has since been fully repaid to bondholders, concluding its lifecycle. |