Bond AbsaCorp 0% ( ZAG000154311 ) in ZAR

Issuer AbsaCorp
Market price 100 %  ⇌ 
Country  South Africa
ISIN code  ZAG000154311 ( in ZAR )
Interest rate 0%
Maturity 26/09/2023 - Bond has expired



Prospectus brochure of the bond Absa Group ZAG000154311 in ZAR 0%, expired


Minimal amount 1 000 000 ZAR
Total amount 250 000 000 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.

An analysis of the fixed-income market reveals that the bond identified by ISIN ZAG000154311, which was issued from South Africa by Absa Group ? a major Johannesburg-headquartered financial services conglomerate known for its extensive retail, business, corporate, investment banking, wealth management, and insurance operations ? with an initial total issue size of ZAR 250,000,000, a minimum purchase size of ZAR 1,000,000, a 0% interest rate, and a single payment frequency, reached its scheduled maturity on September 26, 2023, and has since been fully repaid to investors at its 100% market price, thereby concluding its financial lifecycle.