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New financial instrument listing - IBL341
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 – IBL341
Application has been made to the JSE Limited ("JSE") for the listing of ZAR75,000,000
(seventy-five million Rand) Senior Unsecured Floating Rate Notes (stock code IBL341),
under Investec Bank Limited's Domestic Medium-Term Note and Preference Share
Programme dated 17 March 2021.
The IBL341 Notes will be issued to Noteholders on the date of listing being
27 October 2025 with effect from commencement of trade.
Salient features of the IBL341 Notes are listed below:
Issuer Investec Bank Limited
Instrument Senior Unsecured Notes
Issue Date 27 October 2025
Aggregate Nominal Amount ZAR75,000,000 (seventy-five and
million Rand)
Nominal Amount per Note R1,000,000 (one million Rand) as at
the Issue Date
Interest Rate The Note will be
(a) Floating Rate Notes for the
period from and including the Issue
Date to but excluding the Optional
Redemption Date (as adjusted in
accordance with the applicable
Business Day Convention) paying
the Reference Rate plus a margin of
0.78%; and
(b) Floating Rate Notes for the
period from and including the
Optional Redemption Date (as
adjusted in accordance with the
applicable Business Day
Convention) to but excluding the
Maturity Date paying the Reference
Rate plus a margin of 0.85%.
Optional Redemption Date 27 October 2026
Reference Rate ZAR-JIBAR-SAFEX with a
Designated Maturity of 3 months or,
if ZAR-JIBAR-SAFEX ceases to be
the approved Reference Rate, the
replacement Reference Rate
(together with a spread (if
applicable)) determined by the
Calculation Agent in its sole
discretion taking into account
prevailing market practice and any
spread published by a
governmental authority or industry
body and notified to the Noteholders
in accordance with Condition
19 (Notices)
Interest Determination Date the Interest Commencement Date
and every Interest Payment Date
thereafter
Maturity Date 27 October 2027 (as adjusted in
accordance with the applicable
Business Day Convention)
Issue price per Note 100%
Final Redemption Amount per Note The Nominal Amount per Note (plus
accrued unpaid interest, if any, up
to, but excluding, the Maturity Date)
Early Redemption Amount The aggregate outstanding Nominal
Amount (plus accrued interest, if
any, up to, but excluding, the
applicable Redemption Date)
Interest Commencement Date 27 October 2025
Books Close Dates The Register will be closed from
(i) 17 January to 27 January, 17
April to 27 April, 17 July to 27 July
and from 17 October to 27 October
in each year (including the first day
but excluding the last day of each
period), until applicable Redemption
Date; or
(ii) 10 days prior to, but excluding,
any Payment Day
Last Day to Register 16 January, 16 April, 16 July and 16
October in each year or if such day
is not a Business Day, the Business
Day before each Books Closed
Period, or, if item (ii) above is
applicable, the last Business Day
immediately preceding the
commencement of the Books
Closed Period
Interest Payment Dates means 27 January, 27 April, 27 July
and 27 October in each year. 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), with the first Interest
Payment Date being 27 January
2026
Business Day Convention Following Business Day
JSE Stock Code IBL341
ISIN ZAG000220369
Aggregate Nominal Amount of Notes Outstanding R42,147,000,000 (forty-two billion
in the Series including this issuance but excluding one hundred and forty-seven million
all other issuances on this Issue Date rand)
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: 23 October 2025
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za
Date: 23-10-2025 09:45:00
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