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ItalianoBond AbsaCorp 0% ( ZAG000145335 ) in ZAR
| Issuer | AbsaCorp |
| Market price | 100 % ⇌ |
| Country |  South Africa
|
| ISIN code |
 ZAG000145335 ( in ZAR )
|
| Interest rate | 0% |
| Maturity | 12/07/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 1 000 ZAR |
| Total amount | 152 120 000 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. This financial analysis details a specific debt instrument, identified by the ISIN code ZAG000145335, which was issued as a bond by Absa Group, a prominent and diversified financial services organization with its headquarters in South Africa and a significant presence across the African continent. This particular bond was denominated in South African Rand (ZAR) and, notably, carried a zero-coupon rate, meaning investors did not receive periodic interest payments but rather anticipated a single repayment at maturity. The total size of this issuance was ZAR 152,120,000, with a minimum subscription amount of ZAR 1,000 per unit. The bond reached its scheduled maturity date on July 12, 2022, and has subsequently been fully redeemed and repaid to its bondholders, concluding its lifecycle within the fixed-income market. |