ABSA Bank Ltd. is a leading financial services group in Africa, offering a wide range of banking and financial products and services to personal and corporate customers across multiple countries.
The ZAR-denominated bond (ISIN: ZAG000130964) issued by ABSA Bank Ltd, a prominent financial services group headquartered in South Africa, successfully matured and was repaid on November 11, 2022. This fixed-income security, which had a total issue size of ZAR 589,000,000 and a minimum purchase increment of ZAR 1,000,000, carried an annual interest rate of 5.325% with coupon payments distributed quarterly; upon its maturity, the bond was fully redeemed at 100% of its face value.
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