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ItalianoBond AbsaCorp 0% ( ZAG000168485 ) in ZAR
| Issuer | AbsaCorp |
| Market price | 100 % ⇌ |
| Country |  South Africa
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| ISIN code |
 ZAG000168485 ( in ZAR )
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| Interest rate | 0% |
| Maturity | 04/03/2021 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| 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. A South African Rand-denominated bond (ISIN: ZAG000168485) issued by Absa Group, a prominent diversified financial services group headquartered in Johannesburg with significant operations across the African continent, successfully reached its maturity on March 4, 2021. This debt instrument, issued in South Africa, featured a zero-coupon interest rate, implying no periodic interest payments, with its single principal payment occurring at maturity, where it was redeemed at its full face value, reflecting a market price of 100% at the point of repayment. The bond has since been fully reimbursed, marking the complete and successful conclusion of its term. |