Bond AbsaBanque 0% ( ZAG000163320 ) in ZAR

Issuer AbsaBanque
Market price 100 %  ⇌ 
Country  South Africa
ISIN code  ZAG000163320 ( in ZAR )
Interest rate 0%
Maturity 14/10/2024 - Bond has expired



Prospectus brochure of the bond Absa Bank ZAG000163320 in ZAR 0%, expired


Minimal amount 1 000 000 ZAR
Total amount 1 000 000 000 ZAR
Detailed description Absa Bank is a leading African financial services group offering a range of banking, wealth, and insurance solutions across various countries, primarily in Africa.

Absa Bank, a leading South African financial services group, has successfully concluded the lifecycle of its ZAG000163320 bond, a ZAR-denominated debt instrument issued from South Africa, which officially matured and was fully redeemed on October 14, 2024, at its 100% market price; this obligation, with a total issuance size of ZAR 1,000,000,000 and a minimum purchase threshold of ZAR 1,000,000, carried a 0% interest rate and a stated payment frequency of 1, confirming its complete and timely repayment.