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ItalianoBond Southern Africa 0% ( ZAM000432301 ) in ZAR
| Issuer | Southern Africa |
| Market price | 100 % ⇌ |
| Country |  South Africa
|
| ISIN code |
 ZAM000432301 ( in ZAR )
|
| Interest rate | 0% |
| Maturity | 23/10/2019 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 ZAR |
| Total amount | 9 718 000 000 ZAR |
| Detailed description |
South Africa is a diverse country located at the southern tip of Africa, renowned for its stunning landscapes, rich biodiversity, vibrant culture, and complex history encompassing colonialism, apartheid, and a subsequent transition to democracy. The Republic of South Africa, acting as the sovereign issuer, had issued a ZAR-denominated bond (ISIN: ZAM000432301) with a total size of ZAR 9,718,000,000 and a minimum purchase amount of ZAR 10,000; notably, this was a zero-coupon instrument with a stated interest rate of 0%, implying a single principal repayment at maturity as its sole cash flow event, which occurred successfully on October 23, 2019, with the bond being fully redeemed at its par value of 100%. |