Bond AbsaCorp 0% ( ZAM000382118 ) in ZAR
Issuer | AbsaCorp |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 06/11/2020 - Bond has expired |
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Minimal amount | / |
Total amount | / |
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. |