Bond AbsaCorp 0% ( ZAG000154295 ) in ZAR

Issuer	AbsaCorp
Market price	100 % ⇌
Country	South Africa
ISIN code	ZAG000154295 ( in ZAR )
Interest rate	0%
Maturity	21/09/2023 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	/
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 instrument, an obligation identified by the ISIN ZAG000154295, was issued by Absa Group, a leading pan-African financial services group headquartered in South Africa. Absa Group operates across various segments, including retail and business banking, corporate and investment banking, wealth management, and insurance, serving millions of customers across multiple African countries and the UK. The bond, denominated in South African Rand (ZAR) and issued from South Africa, carried a specified interest rate of 0%, indicating it was likely a zero-coupon bond or that all interest obligations had been fulfilled prior to its final settlement. With a maturity date of September 21, 2023, and a stated payment frequency of one (typically annual for interest, though irrelevant for a zero-coupon or matured instrument), this bond has successfully reached its full term. As of its maturity date, the bond was fully redeemed at 100% of its face value, thereby completing its lifecycle and ensuring the return of principal to its bondholders.