Bond Absa Bank 0% ( ZAG000187410 ) in ZAR

Issuer Absa Bank
Market price refresh price now   100.00 %  ⇌ 
Country  South Africa
ISIN code  ZAG000187410 ( in ZAR )
Interest rate 0%
Maturity 27/06/2029



Prospectus brochure in PDF format

Minimal amount 1 000 000 ZAR
Total amount 1 032 000 000 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 prominent financial services provider headquartered in South Africa, has issued a ZAR-denominated bond, identified by ISIN ZAG000187410, which is currently trading at 100% of its face value on the market, notably featuring a 0% interest rate that suggests it operates as a zero-coupon instrument, forming part of a total issuance size of ZAR 1,032,000,000 with a minimum purchase requirement of ZAR 1,000,000, and is scheduled to mature on June 27, 2029, with a single payment frequency, typically referring to the principal redemption.
DateClean price
07/08/2024100.00%
08/07/2024100.00%
03/09/2023100.00%