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ItalianoBond Absa Bank 0% ( ZAG000186743 ) in ZAR
| Issuer | Absa Bank | ||||||||
| Market price |  100.00 % ⇌ |
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| Country |  South Africa
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| ISIN code |
 ZAG000186743 ( in ZAR )
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| Interest rate | 0% | ||||||||
| Maturity | 09/06/2027 | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 000 ZAR | ||||||||
| Total amount | 150 000 000 ZAR | ||||||||
| Detailed description |
Absa Bank is a leading African financial services group offering a range of banking, wealth, and insurance solutions across various countries, primarily in Africa. Absa Bank, a leading South African financial services provider, has issued a ZAR-denominated zero-coupon bond, identified by ISIN ZAG000186743, which is currently trading at 100% of its face value in the market. This financial instrument, set to mature on June 9, 2027, has a total issuance size of ZAR 150,000,000, with a minimum investment requirement of ZAR 1,000,000, positioning it for institutional or high-net-worth investors. |
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