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New Financial Instrument Listings: ASC297/ASC298/ASC299
ABSA BANK LIMITED
(Incorporated with limited liability on 26 November 1986 under registration number 1986/004794/06 in the Republic of
South Africa)
Bond Code: ASC297
ISIN No: ZAG000219585
Bond Code: ASC298
ISIN No: ZAG000219593
Bond Code: ASC299
ISIN No: ZAG000219601
NEW FINANCIAL INSTRUMENTS LISTING
The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED "ASC297, ASC298 & ASC299"
notes under its Master Structured Note Programme Memorandum. The Master Structured Note Programme is available
on the issuer's website at https://www.absa.africa/absaafrica/investor-relations/debt-investors/
Authorised Programme size R80,000,000,000.00
Total Notes in issue R72,536,566,388.20 (Including these tranches)
Full Note details are as follows:
Instrument Type Credit Linked Note
Stock Code ASC297
Nominal Issued ZAR100,000,000.00
Issue Price 100%
Coupon Compounded Daily ZARONIA plus 139 basis points (or 1.39%)
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 23 September 2030
Last Day to Register 21 March, 21 June, 21 September and 21 December
Books Closed Period 22 March, 22 June, 22 September and 22 December
Interest Payment Dates 23 March, 23 June, 23 September and 23 December of each
calendar year during the term of the Notes, commencing on 23
December 2025
Interest Rate Determination Dates The 5th (fifth) Johannesburg Business Day (as defined in Schedule
1 (Screen Rate Determination for Floating Rate Notes Referencing
ZARONIA)) prior to each Interest Payment Date.
Issue Date 29 September 2025
Date Convention Following
Status of Notes Unsubordinated Unsecured
Additional Information For the purposes of the Tranche of Notes to which this Applicable
Pricing Supplement applies, the provisions of Condition 6.2.6
(Benchmark Discontinuation) of the Terms and Conditions are
deleted and replaced with the provisions as set out in Schedule 2
(Benchmark Discontinuation) of the Applicable Pricing Supplement
and shall be deemed to be inserted into the Terms and Conditions.
Full Note details are as follows:
Instrument Type Credit Linked Note
Stock Code ASC298
Nominal Issued ZAR300,000,000.00
Issue Price 100%
Coupon Compounded Daily ZARONIA plus 153 basis points (or 1.53%)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 23 September 2030
Last Day to Register 21 March, 21 June, 21 September and 21 December
Books Closed Period 22 March, 22 June, 22 September and 22 December
Interest Payment Dates 23 March, 23 June, 23 September and 23 December of each
calendar year during the term of the Notes, commencing on 23
December 2025
Interest Rate Determination Dates The 5th (fifth) Johannesburg Business Day (as defined in Schedule
1 (Screen Rate Determination for Floating Rate Notes Referencing
ZARONIA)) prior to each Interest Payment Date.
Issue Date 29 September 2025
Date Convention Following
Status of Notes Unsubordinated Unsecured
Additional Information For the purposes of the Tranche of Notes to which this Applicable
Pricing Supplement applies, the provisions of Condition 6.2.6
(Benchmark Discontinuation) of the Terms and Conditions are
deleted and replaced with the provisions as set out in Schedule 2
(Benchmark Discontinuation) of the Applicable Pricing Supplement
and shall be deemed to be inserted into the Terms and Conditions.
Full Note details are as follows:
Instrument Type Credit Linked Note
Stock Code ASC299
Nominal Issued ZAR100,000,000.00
Issue Price 100%
Coupon Compounded Daily ZARONIA plus 161 basis points (or 1.61%)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 23 September 2030
Last Day to Register 21 March, 21 June, 21 September and 21 December
Books Closed Period 22 March, 22 June, 22 September and 22 December
Interest Payment Dates 23 March, 23 June, 23 September and 23 December of each
calendar year during the term of the Notes, commencing on 23
December 2025
Interest Rate Determination Dates The 5th (fifth) Johannesburg Business Day (as defined in Schedule
1 (Screen Rate Determination for Floating Rate Notes Referencing
ZARONIA)) prior to each Interest Payment Date.
Issue Date 29 September 2025
Date Convention Following
Status of Notes Unsubordinated Unsecured
Additional Information For the purposes of the Tranche of Notes to which this Applicable
Pricing Supplement applies, the provisions of Condition 6.2.6
(Benchmark Discontinuation) of the Terms and Conditions are
deleted and replaced with the provisions as set out in Schedule 2
(Benchmark Discontinuation) of the Applicable Pricing Supplement
and shall be deemed to be inserted into the Terms and Conditions.
26 September 2025
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 26-09-2025 05:00:00
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