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ItalianoBond Southern Africa 0% ( ZAM000528751 ) in ZAR
| Issuer | Southern Africa |
| Market price | 100 % ⇌ |
| Country |  South Africa
|
| ISIN code |
 ZAM000528751 ( in ZAR )
|
| Interest rate | 0% |
| Maturity | 08/12/2021 - 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 | 12 991 500 000 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 sovereign bond identified by ISIN ZAM000528751, issued by the Republic of South Africa, a key African sovereign borrower and significant emerging market economy, reached its maturity on December 8, 2021, and was fully repaid at 100% of its face value. This ZAR-denominated instrument, which was part of an issuance totaling ZAR 12,991,500,000 with a minimum purchase amount of ZAR 10,000, notably featured a 0% interest rate and a single payment frequency, indicating it was likely structured as a zero-coupon bond that provided its yield through discount at issuance and redemption at par. |