Bond AbsaCorp 0% ( ZAM000150226 ) in ZAR

Issuer AbsaCorp
Market price 100 %  ⇌ 
Country  South Africa
ISIN code  ZAM000150226 ( in ZAR )
Interest rate 0%
Maturity 04/11/2014 - 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.

An in-depth review of a specific financial instrument issued by Absa Group, a leading pan-African financial services group headquartered in South Africa, reveals the full lifecycle completion of the bond identified by ISIN ZAM000150226. This South African-issued obligation, denominated in South African Rand (ZAR) and characterized by a 0% interest rate with a payment frequency of one, matured on November 4, 2014. The instrument, which traded at 100% of its par value upon its final settlement, has been fully redeemed, signifying the successful repayment to its bondholders.