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ItalianoBond Southern Africa 0% ( ZAM000442151 ) in ZAR
| Issuer | Southern Africa |
| Market price | 100 % ⇌ |
| Country |  South Africa
|
| ISIN code |
 ZAM000442151 ( in ZAR )
|
| Interest rate | 0% |
| Maturity | 15/01/2020 - 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 | 8 900 000 000 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 zero-coupon bond, designated by ISIN code ZAM000442151, was issued by the Republic of South Africa, a prominent emerging market economy and sovereign issuer often leveraging debt instruments to fund its public sector and manage national finances, with this particular ZAR-denominated offering, having originated in South Africa, possessing a total issue size of ZAR 8,900,000,000, a minimum purchase size of ZAR 10,000, and an observed market price of 100% prior to its maturity on January 15, 2020, at which point it concluded its single payment cycle by being fully redeemed. |