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ItalianoBond Southern Africa 0% ( ZAM000434208 ) in ZAR
| Issuer | Southern Africa |
| Market price | 100 % ⇌ |
| Country |  South Africa
|
| ISIN code |
 ZAM000434208 ( in ZAR )
|
| Interest rate | 0% |
| Maturity | 06/11/2019 - 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 | 7 747 000 000 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. This financial article details the ZAM000434208 bond, a sovereign debt instrument issued by the Republic of South Africa, an important emerging market economy on the African continent that regularly accesses capital markets to fund its public expenditures and development projects, thereby underpinning its fiscal strategy and commitment to investors. This specific obligation, characterized by its zero-coupon structure with a 0% interest rate, was denominated in South African Rand (ZAR) and represented a total issuance size of ZAR 7,747,000,000, with a minimum investment threshold of ZAR 10,000 per unit. Crucially, the bond successfully reached its maturity on November 6, 2019, and was subsequently repaid at its par value of 100% to bondholders, affirming the issuer's timely fulfillment of its financial obligations. |