ItalianoBond BNP Paribas SA 0% ( ZAG000178906 ) in ZAR
| Issuer | BNP Paribas SA |
| Market price | 100 % ⇌ |
| Country |  France
|
| ISIN code |
 ZAG000178906 ( in ZAR )
|
| Interest rate | 0% |
| Maturity | 19/02/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 100 000 ZAR |
| Total amount | 1 500 000 000 ZAR |
| Detailed description |
BNP Paribas is a leading international banking group providing a wide range of financial services including retail banking, investment banking, asset management, and corporate and institutional banking to individuals, businesses, and governments worldwide. This report details the specifics of a bond instrument, ISIN ZAG000178906, which has successfully reached its maturity and been fully reimbursed, as confirmed on its maturity date of February 19, 2022. The issuer, BNP Paribas, a globally recognized banking and financial services group headquartered in France, played a central role in this issuance, leveraging its vast expertise in corporate and institutional banking, retail banking, and international financial services across diverse markets. This particular obligation, denominated in South African Rand (ZAR), represented a significant issuance size of ZAR 1,500,000,000, with a minimum purchase threshold set at ZAR 100,000. Noteworthy characteristics included a 0% interest rate, indicating it functioned as a zero-coupon bond, where the return for investors was embedded in the discount at which it was purchased, leading to a repayment at 100% of its face value upon maturity, consistent with its reported current market price at redemption. While a payment frequency of '1' was specified, for a zero-coupon structure, this typically denotes the single principal repayment event occurring at the conclusion of the bond's term. |