Sharenet Sites 
Sharenet Sites
New Financial Instrument Listing Announcement - IBL157
Investec Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1969/004763/06)
Issuer code: BIINLP
LEI No: 549300RH5FFHO48FXT69
New Financial Instrument Listing Announcement - IBL157
Application has been made to the JSE Limited (“JSE”) for the listing of R52 000 000 (Fifty
Two Million Rand) senior unsecured floating rate Notes (stock code IBL157), under Investec
Bank Limited’s Domestic Medium Term Note and Preference Share Programme dated 10
December 2018.
The IBL157 Notes will be issued to Noteholders on the date of listing being 21 January 2021
with effect from commencement of trade.
Salient features of the IBL157 Notes are listed below:
Issuer Investec Bank Limited
Instrument Senior unsecured Notes
Issue Date 21 January 2021
Nominal Amount per Note R1,000,000
Interest Rate 3 month JIBAR plus the Margin
Interest Determination Date 21 January, 21 April, 21 July and 21
October in each year.
If any such day is not a Business
Day, the Business Day on which
interest will be determined will be as
determined in accordance with the
applicable Business Day
Convention (as specified in this
Applicable Pricing Supplement)
Margin 0.9% for the period beginning on
and including the Issue Date to and
excluding 21 January 2023; and
1.025% for the period beginning on
and including 21 January 2023 to
and excluding the Maturity Date
Maximum Interest Rate Not Applicable
Maturity Date 21 January 2024
Issue price per Note 100%
Final Redemption Amount per Note The Nominal Amount per Note (plus
accrued unpaid interest, if any, to
the Maturity Date)
Interest Commencement Date 21 January 2021
Books Close Period The Register will be closed from 12
January to 21 January, 12 April to
21 April, 12 July to 21 July and from
12 October to 21 October (all dates
inclusive) in each year or 10 days
prior to any Payment Day.
Last Day to Register Close of business on the Business
Day immediately preceding the first
day of a Books Close Period
Interest Payment Dates 21 January, 21 April, 21 July and 21
October in each year, provided that
the first Interest Payment Date shall
be on 21 April 2021.
If any such day is not a Business
Day, the Business Day on which
interest will be paid will be as
determined in accordance with the
applicable Business Day
Convention (as specified in this
Applicable Pricing Supplement).
Business Day Convention Following Business Day
JSE Stock Code IBL157
ISIN ZAG000173584
Aggregate Nominal Amount of Notes Outstanding R52,000,000
in the Series after this issuance
The Pricing Supplement does not contain any
additional terms and conditions or changes to the
terms and conditions as contained in the
Programme Memorandum.
Investors should study the Applicable Pricing
Supplement for full details of the terms and
conditions applicable to these Notes.
Date: 20 January 2021
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za
Date: 20-01-2021 11:03:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
