Bond AbsaCorp 0% ( ZAG000171505 ) in ZAR

Issuer AbsaCorp
Market price 100 %  ⇌ 
Country  South Africa
ISIN code  ZAG000171505 ( in ZAR )
Interest rate 0%
Maturity 08/04/2021 - Bond has expired



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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 details a specific bond instrument, ISIN ZAG000171505, issued by Absa Group, a prominent South African diversified financial services group headquartered in Johannesburg with significant operations across multiple African countries. Denominated in South African Rand (ZAR) and originating from South Africa, this bond was characterized by a 0% interest rate and was trading at 100% of its par value on the market, consistent with its impending maturity. Having reached its maturity date on April 8, 2021, and with a stated payment frequency of one (indicating a single principal repayment at term), this obligation has been fully redeemed and successfully concluded its lifecycle, confirming its status as a repaid security.