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ItalianoBond AbsaCorp 0% ( ZAG000133836 ) in ZAR
| Issuer | AbsaCorp |
| Market price | 100 % ⇌ |
| Country |  South Africa
|
| ISIN code |
 ZAG000133836 ( in ZAR )
|
| Interest rate | 0% |
| Maturity | 24/02/2019 - 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 | 50 000 000 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. An examination of the ZAG000133836 bond, issued by the Absa Group, a prominent South African-based financial services provider operating across the African continent and offering a comprehensive range of banking and financial products, reveals a fixed-income instrument that was denominated in South African Rand (ZAR) with a total issuance size of ZAR 50,000,000, requiring a minimum purchase of ZAR 1,000,000; notably, this bond featured a 0% interest rate and a single payment frequency, reaching its maturity on February 24, 2019, at which point it was fully redeemed at its par value, as reflected by its 100% market price. |