NEDBANK GROUP LIMITED - New Listing of Nedbank Group Limited Floating Rate Note Callable - NGL05

New Listing of Nedbank Group Limited Floating Rate Note Callable - NGL05

NEDBANK GROUP LIMITED
Reg No 1966/010630/06
Incorporated in the Republic of South Africa


JSE Code: NGL05
ISIN No:   ZAG000152687

New Listing of Nedbank Group Limited Floating Rate Note Callable

The JSE Limited has granted a listing to NEDBANK GROUP LIMITED on
the Interest Rate Market with effect from 25 July 2018 under its
Domestic Medium Term Note Programme.

Authorised Programme size          R 25,000,000,000.00
Total Notes Outstanding            R   8,607,000,000.00 (including
                                   this issuance)

INSTRUMENT TYPE:                   FLOATING RATE NOTE CALLABLE

Bond code:                         NGL05
Nominal Issued                     R 1,507,000,000.00
Issue Price                        100%
Coupon                             9.538% (3 Month JIBAR as at 20
                                   July 2018 of 6.958% plus 258
                                   bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                26 July 2028
Books Close Date(s)                21 January, 21 April, 21 July,
                                   21 October
Interest Payment Date(s)           26 January, 26 April, 26 July,
                                   26 October
Last Day to Register               By 17:00 on 20 January, 20
                                   April, 20 July, 20 October
Issue Date                         25 July 2018
Date Convention                    Modified Following
Interest Commencement Date         25 July 2018
First Interest Payment Date        26 October 2018
Call / Step Up Date                26 July 2023
ISIN No.                           ZAG000152687
Additional Information             Subordinate, Unsecure - Second
                                   Tier
Additional Terms and Conditions    N/A

Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDoc
uments/NGL05%20Pricing%20Supplement%2020180725.pdf



Securities Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.



Date 25 July 2018

Debt Sponsor: Nedbank Corporate and Investment Banking

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