| Wed 21 Aug 2024, 14:12 | | New Financial Instrument Listing: ASC151 |
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New Financial Instrument Listing: ASC151
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: ASC151
ISIN No: ZAG000208075
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED "ASC151" note 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 R57,132,732,821.09 (Including this tranche)
Full Note details are as follows:
Instrument Type Mixed Rate Note
Bond Code ASC151
Nominal Issued ZAR50,000,000.00
Issue Price 100%
Coupon 3 Month JIBAR plus 310 basis points (or 3.10%) from and including
Interest Commencement Date up to 30 April 2029, thereafter
11.15% per annum payable semi-annually on the Fixed Interest
Payment Date
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 31 January 2037
Last Day to Register by 17:00 on 20th January, 19th April, 20th July and 20th October of
each calendar year until 31st July 2029, each fixed interest
payment date of 20th January and 20th July of each calendar year
Books Closed Period 21 January, 20 April, 21 July, and 21 October, thereafter, each of
21 January and 21 July
Interest Payment Dates 31 January, 30 April, 31 July and 31 October with the first Floating
Interest Payment Date being 31 October 2024 and ending on 31
July 2029 Fixed Interest Payment Dates of 31 January and 31 July
of each calendar year commencing on 31 January 2030 and ending
on the Maturity Date.
Interest Rate Determination Dates Each of 31 January, 30 April, 31 July and 31 October in each
calendar year, commencing on the Interest Commencement Date
and ending on 30 April 2029.
Optional Call Redemption Dates 31 July 2029, 31 July 2030, 31 July 2031, 31 July 2032, 31 July
2033, 31 July 2034, 31 July 2035, 31 July 2036,
Interest Commencement Date Issue Date
Issue Date 23 August 2024
Date Convention Following
ISIN No. ZAG000208075
Additional Information Unsubordinated Unsecured
21 August 2024
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 21-08-2024 02:12:00
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