Amended and Restated Applicable Pricing Supplement: ASC220
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: ASC220
ISIN No: ZAG000213042
Amended and Reinstated Applicable Pricing Supplement
Noteholders are advised of the amended interest commencement date
The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED "ASC220" 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 R 63,636,554,863.46 (Including this tranche)
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC220
Nominal Issued ZAR412,900,000.00
Issue Price 100.0783972%
Trade Type Price
Coupon 3 Month JIBAR plus 220 basis points (or 2.20%)
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 25 November 2029
Last Date to Register by 17:00 on 14 February, 14 May, 14 August and 14 November
Books Closed Period 15 February, 15 May, 15 August and 15 November
Interest Payment Dates 25 February, 25 May, 25 August and 25 November of each
calendar year during the term of the Notes, commencing on 25 May
2025
Interest Rate Determination Dates 25 February, thereafter each of 25 February, 25 May, 25 August
and 25 November in each calendar year, during the term of the
Notes, ending on 25 August 2029
Interest Commencement Date 25 February 2025
Issue Date 28 February 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
23 May 2025
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 23-05-2025 08:00:00
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