Bond AbsaCorp 0% ( ZAM000382118 ) in ZAR

Issuer AbsaCorp
Market price 100 %  ⇌ 
Country  South Africa
ISIN code  ZAM000382118 ( in ZAR )
Interest rate 0%
Maturity 06/11/2020 - 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.

The ZAM000382118 bond, an obligation issued by Absa Group, a leading South African financial services provider with a significant presence across Africa, reached its scheduled maturity on November 6, 2020, and was subsequently fully repaid to investors at its par value of 100% in South African Rand (ZAR); this particular instrument, originating from South Africa, carried a 0% interest rate and was structured with an annual payment frequency prior to its successful redemption.