Bond AbsaCorp 8.36% ( ZAG000171356 ) in ZAR

Issuer	AbsaCorp
Market price	100 % ⇌
Country	South Africa
ISIN code	ZAG000171356 ( in ZAR )
Interest rate	8.36% per year ( payment 1 time a year)
Maturity	21/12/2026
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Minimal amount	1 000 000 ZAR
Total amount	15 000 000 ZAR
Next Coupon	21/12/2025 ( In 143 days )
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 article presents a bond issued by Absa Group, a prominent South African-based financial services organization, identified by its ISIN ZAG000171356. Currently trading at its par value of 100% in the market, this bond is denominated in South African Rand (ZAR) and offers a fixed annual interest rate of 8.36%. The total volume of this specific issuance is ZAR 15,000,000, with a stipulated minimum purchase size of ZAR 1,000,000. This bond carries a maturity date of December 21, 2026, and is structured with annual interest payments.