Bond AbsaCorp 0% ( ZAG000144247 ) in ZAR

Issuer	AbsaCorp
Market price	100 % ⇌
Country	South Africa
ISIN code	ZAG000144247 ( in ZAR )
Interest rate	0%
Maturity	25/05/2027
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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 Limited, a prominent South African financial services entity headquartered in Johannesburg and recognized as one of Africa's largest diversified financial groups, has an outstanding zero-coupon bond, ISIN ZAG000144247, denominated in South African Rand (ZAR) and issued in South Africa, which is currently quoted at 100% of its face value on the market and is scheduled to mature on May 25, 2027, with the principal amount being repaid at maturity given its 0% interest rate.