NEDBANK GROUP LIMITED - New Financial Instrument Listing - NGLT1B - 19 October 2018

New Financial Instrument Listing - NGLT1B - 19 October 2018

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


JSE Code: NGLT1B
ISIN No:   ZAG000154667

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 19 October 2018 under its
Domestic Medium Term Note Programme.

Authorised Programme size          R 25,000,000,000.00
Total Notes Outstanding            R   9,357,000,000.00 (including
                                   this issuance)

INSTRUMENT TYPE:                   FLOATING RATE NOTE CALLABLE

Bond Code                          NGLT1B
Nominal Issued                     R 750,000,000.00
Issue Price                        100%
Coupon                             11.665% (3 Month JIBAR as at 16
                                   October 2018 of 7.025% plus 464
                                   bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                Perpetual (expected maturity
                                   for system purposes 20 October
                                   2099)
Books Close Date(s)                15 January, 15 April, 15 July,
                                   15 October
Interest Payment Date(s)           20 January, 20 April, 20 July,
                                   20 October
Last Day to Register               By 17:00 on 14 January, 14
                                   April, 14 July, 14 October
Issue Date                         19 October 2018
Date Convention                    Modified Following
Interest Commencement Date         19 October 2018
First Interest Payment Date        20 January 2019
Early Redemption Date(Call)        20 October 2023, or any Interest
                                   Payment Date falling after the
                                   First Early Redemption Date
                                   (Call)

ISIN No.                           ZAG000154667
Additional Information             Subordinate, Unsecure - First
                                   Tier
Additional Terms and Conditions    N/A

Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDoc
uments/NGLT1B%20Pricing%20Supplement%2020181019.pdf



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



Date 19 October 2018

Debt Sponsor: Nedbank Corporate and Investment Banking

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