Wrap Text
New Financial Instrument Listing: ASC004
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: ASC004
ISIN No: ZAG000195041
NEW FINANCIAL INSTRUMENTS LISTING
The JSE Limited has granted a financial instrument listing to the ABSA BANK LIMITED “ASC004” note under its Master
Structured Note Programme Memorandum. The Master Structured Note Programme is available for viewing and
downloading on the issuer’s website at https://www.absa.africa/absaafrica/investor-relations/debt-investors/
Authorised Programme size R60,000,000,000.00
Total Notes in issue R 51,631,372,037.54 (Including this tranche)
Full Note details are as follows:
Instrument Type Mixed Rate Note
Bond Code ASC004
Nominal Issued R16,000,000
Issue Price 100%
Coupon 3 Month JIBAR plus 300 basis points (or 3.00%) from and
including Interest Commencement Date up to, but excluding, 28
February 2028, with first interest payment date being 24 March
2023 and thereafter each of 28 February, 31 May, 31 August and
30 November in each calendar year,
and 10.40% per annum payable semi-annually on each 28
February and 31 August from and including 31 August 2028 to,
but excluding, the Maturity Date
Indicator Floating
Trade Type Price
Final Maturity Date 28 February 2035
Last Day to Register By 17:00 on of 17 February, 20 May, 20 August and 19 November
of each calendar year until 28 February 2028, thereafter, each of
17 February and 20 August of each calendar year.
Books Close Date 18 February, 21 May, 21 August and 20 November of each
calendar year until 28 February 2028, thereafter, each of 18
February and 21 August of each calendar year.
Interest Determination Date(s) 24 March 2023, thereafter each of 28 February, 31 May, 31
August and 30 November in each calendar year, commencing on
the Interest Commencement Date and ending on 30 November
2027
Issue Date 27 March 2023
First Interest Commencement Date 27 March 2023
First Interest Payment Date 31 August 2023
Date Convention Following
ISIN No. ZAG000195041
Additional Information Unsubordinated Unsecured
27 March 2023
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 27-03-2023 07:05:00
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