Français
ItalianoBond Southern Africa 0% ( ZAM000539923 ) in ZAR
| Issuer | Southern Africa |
| Market price | 100 % ⇌ |
| Country |  South Africa
|
| ISIN code |
 ZAM000539923 ( in ZAR )
|
| Interest rate | 0% |
| Maturity | 28/04/2022 - 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 | 11 119 000 000 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. A recently matured sovereign bond, identified by ISIN ZAM000539923, issued by the Republic of South Africa, an important emerging market economy and a key player on the African continent, has successfully reached its maturity date of April 28, 2022, and has been fully redeemed. This particular obligation, denominated in South African Rand (ZAR), featured a total issuance size of ZAR 11,119,000,000, with a minimum purchase size set at ZAR 10,000. Notably, this instrument was structured as a zero-coupon bond, reflecting its 0% stated interest rate, meaning investors received their principal repayment at the maturity date, at which point the bond was trading at 100% of its par value, marking its full and final settlement. |