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ItalianoBond AbsaCorp 0% ( ZAG000135823 ) in ZAR
| Issuer | AbsaCorp |
| Market price | 100 % ⇌ |
| Country |  South Africa
|
| ISIN code |
 ZAG000135823 ( in ZAR )
|
| Interest rate | 0% |
| Maturity | 28/04/2021 - 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 ZAR |
| Total amount | 21 859 000 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. Absa Group, a leading pan-African financial services institution based in South Africa, recently saw the successful completion of a debt instrument, identified by the ISIN ZAG000135823. This South African-issued bond, denominated in ZAR, represented a total issuance size of 21,859,000 units, with a minimum purchase amount set at 1,000 units. The bond, which maintained a market price of 100% and featured a 0% interest rate, indicating it was likely a non-coupon or zero-coupon instrument, had a payment frequency of 1, which in this context points to the singular principal repayment event. Having reached its maturity date of April 28, 2021, this obligation has since been fully repaid, concluding its lifecycle within Absa Group's financial portfolio. |