Bond AbsaCorp 0% ( ZAG000147778 ) in ZAR
Issuer | AbsaCorp |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 25/10/2022 - 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 | 1 000 000 ZAR |
Total amount | 53 156 000 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. The **ZAG000147778** bond, issued by **Absa Group**, a leading South African-based diversified financial services group with significant operations across the African continent, has successfully matured and been fully redeemed as of **October 25, 2022**, at **100% of its face value**; this South African Rand (ZAR) denominated instrument, initially sized at **ZAR 53,156,000** with a minimum purchase lot of **ZAR 1,000,000**, was notably a zero-coupon bond given its **0% interest rate** and a payment frequency of one. |