| Mon 30 Sep 2024, 15:02 | | New financial instrument Listing: ASC176 |
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New financial instrument Listing: ASC176
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: ASC176
ISIN No: ZAG000209362
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED "ASC176" 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 R60,711,765,968.76 (Including this tranche)
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC176
Nominal Issued ZAR150,000,000.00
Issue Price 100%
Coupon 3 Month JIBAR plus 300 basis points (or 3.00%) and then 10.10%
per annum
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 28 February 2035
Last Day to Register 19 November, 17 February, 20 May and 20 August of each
calendar year until 31 August 2029, thereafter each of 17 February
and 20 August
Books Closed Period 20 November, 18 February, 21 May and 21 August of each
calendar year until 31 August 2029, thereafter each of 18 February
and 21 August
Interest Payment Dates 30 November, 28 February, 31 May and 31 August of each
calendar year during the term of the Notes, commencing on 30
November 2024 and ending on 31 August 2029 and thereafter fixed
interest payment dates 28 February and 31 August commencing on
28 February 2030
Interest Rate Determination Dates 01 October 2024, thereafter each of 30 November, 28 February, 31
May and 31 August in each calendar year, during the term of the
Notes, ending on 30 August 2029
Interest Commencement Date Issue Date
Issue Date 01 October 2024
Date Convention Following
ISIN No. ZAG000209362
Additional Information Unsubordinated Unsecured
30 September 2024
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 30-09-2024 03:02:00
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