Bond Southern Africa 0% ( ZAM000546787 ) in ZAR

Issuer	Southern Africa
Market price	100 % ⇌
Country	South Africa
ISIN code	ZAM000546787 ( in ZAR )
Interest rate	0%
Maturity	13/07/2022 - 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	11 495 100 000 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, a prominent emerging market sovereign issuer on the African continent known for its diverse economy and significant regional influence, recently saw the successful maturity and repayment of one of its debt instruments, identified by the ISIN code ZAM000546787. This bond, denominated in South African Rand (ZAR) and issued from South Africa, reached its full term on July 13, 2022, at which point it was fully redeemed at 100% of its principal value, reflecting the issuer's commitment to its financial obligations. Notably, the instrument carried a stated interest rate of 0%, characteristic of a zero-coupon bond structure where investors acquire the bond at a discount and receive the full face value upon maturity, with a single principal payment occurring at its expiration. The total size of this particular issuance was substantial, amounting to ZAR 11,495,100,000, and was accessible to investors in minimum purchase increments of ZAR 10,000. The full repayment of this obligation underscores South Africa's continued capacity to manage its national debt effectively within the global financial landscape.