| Tue 11 Mar 2025, 11:40 | | New Financial Instrument Listings: ASC227/ASC228 |
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New Financial Instrument Listings: ASC227/ASC228
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: ASC226
ISIN No: ZAG000213489
Bond Code: ASC227
ISIN No: ZAG000213463
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED "ASC226, and ASC227" 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 R 64,416,073,326.77 (Including this tranche)
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC226
Nominal Issued ZAR150,000,000.00
Issue Price 100%
Trade Type Price
Coupon 3 Month JIBAR plus 144 basis points (or 1.44%)
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 12 March 2030
Last Date to Register by 17:00 on 01 March, 01 June, 01 September and 01 December
Books Closed Period 02 March, 02 June, 02 September and 02 December
Interest Payment Dates 12 March, 12 June, 12 September and 12 December of each
calendar year during the term of the Notes, commencing on 12
June 2025 and ending on 12 March 2030
Interest Rate Determination Dates 12 March, 12 June, 12 September and 12 December
Interest Commencement Date Issue Date
Issue Date 12 March 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Mixed Rate Note
Bond Code ASC227
Nominal Issued ZAR250,000,000.00
Issue Price 100%
Trade Type Price
Coupon 3 Month JIBAR plus 325 basis points (or 3.25%) until 31 July 2030,
10.65% fixed rate semi-annually thereafter
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 31 January 2040
Last Date to Register by 17:00 on 20 January, 19 April, 20 July and 20 October of each
calendar year until 31 July 2030, thereafter, each of 20 January and
20 July of each calendar year,
Books Closed Period 21 January, 20 April, 21 July and 21 October of each calendar year
until 31 July 2030, thereafter, each of 21 January and 21 July
Floating Interest Payment Dates 31 January, 30 April, 31 July, and 31 October with the first Floating
Interest Payment Date being 30 April 2025 and ending on 31 July
2030
Fixed Interest Payment Dates 31 January and 31 July of each calendar year during the term of
the Notes, with the first Fixed Interest Payment Date being 31
January 2031
Interest Rate Determination Dates 31 January, 30 April, 31 July, and 30 October in each calendar year,
ending on 30 April 2030
Interest Commencement Date Issue Date
Issue Date 12 March 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
11 March 2025
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 11-03-2025 11:40:00
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