Bond AbsaCorp 0% ( ZAG000170184 ) in ZAR

Issuer	AbsaCorp
Market price	100 % ⇌
Country	South Africa
ISIN code	ZAG000170184 ( in ZAR )
Interest rate	0%
Maturity	21/12/2026
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Minimal amount	1 000 000 ZAR
Total amount	362 000 000 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. Absa Group Limited, a prominent South African financial services group headquartered in Johannesburg offering a comprehensive array of retail, business, corporate, and investment banking services alongside wealth management and insurance, has issued a ZAR-denominated bond, identified by ISIN ZAG000170184, which is currently trading at par (100%) in the market; this specific bond, originating from South Africa, features a maturity date of December 21, 2026, and is characterized by a 0% interest rate, implying a zero yield if purchased at this price and held to maturity, with its single payment frequency being consistent with a zero-coupon structure, and the total size of this particular issuance being ZAR 362,000,000 with a minimum acquisition amount for investors set at ZAR 1,000,000.