| Fri 28 Feb 2025, 10:06 | | New Financial Instrument Listing:ASC221 |
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New Financial Instrument Listing:ASC221
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: ASC221
ISIN No: ZAG000213109
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED "ASC221" 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 R63,524,296,326.77 (Including this tranche)
Full Note details are as follows:
Instrument Type Credit Linked Note
Nominal Issued ZAR 50,641,461.00
Issue Price 100%
Coupon 3 Month JIBAR plus 250 basis points (or 2.50%) and fixed interest
rate of 10.60%
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 28 February 2035
Last Day to Register by 17:00 on 17 February, 20 May, 20 August and 19 November
of each calendar year until 31 August 2030, thereafter, each
of 17 February and 20 August of each calendar year and
during a leap year the last date to register will be 18
February rather than 17 February
Books Closed Period 18 February, 21 May, 21 August and 20 November
of each calendar year until 31 August 2030, thereafter, each
of 18 February and 21 August of each calendar year and
during a leap year the last date to register will be 18
February rather than 17 February.
Interest Payment Dates 31 May, 31 August, and 30 November,
and during a leap year the interest payment will be on the
29th of February, with the first Floating Interest Payment
Date being 31 May 2025 and ending on 31 August 2029
Interest Rate Determination Dates Issue Date,thereafter each of 28 February, 31 May, 31 August, and
30 November in each calendar year, ending on 31 May 2030
Issue Date 04 March 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
28 February 2025
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 28-02-2025 10:06:00
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