Wrap Text
New Financial Instrument Listing-ASC020/ASC021
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: ASC020
ISIN No: ZAG000195728
Bond Code: ASC021
ISIN No: ZAG000195751
NEW FINANCIAL INSTRUMENTS LISTING
The JSE Limited has granted financial instruments listings to ABSA BANK LIMITED “ASC020 and ASC021” notes
under its Master Structured Note Programme Memorandum. The Master Structured Note Programme is available 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 56,311,608,037.54 (Including these tranches)
Full Note details are as follows:
Instrument Type Floating Rate Note
Bond Code ASC020
Nominal Issued R 250,000,000
Issue Price 100%
Coupon 3 Month JIBAR plus 200 basis points (or 2.00%) up to maximum
interest rate of 10.6%
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 28 April 2028
Last Day to Register By 17:00 on of 17 January, 17 April, 17 July and 17 October
Books Close Date 18 January, 18 April, 18 July and 18 October
Interest Payment Date 28 January, 28 April, 28 July and 28 October of each calendar
year during the term of the Notes
Interest Determination Date(s) 28 April 2023 and thereafter each 28 July, 28 October, 28 January
and 28 April in each calendar year, during the term of the Notes,
commencing on the Issue Date and ending on the 28 January
2028.
Issue Date 28 April 2023
First Interest Commencement 28 April 2023
First Interest Payment Date 28 July 2023
Date Convention Following
ISIN No. ZAG000195728
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Credit Linked Notes
Bond Code ASC021
Nominal Issued R 250,000,000.00
Issue Price 100%
Coupon 3 Month JIBAR plus 250 basis points (or 2.50%) to be added to
the relevant Reference Rate.
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 20 June 2028
Last Day to Register By 17:00 on of 09 March, 09 June, 09 September and 09
December of each calendar year
Books Close Date 10 March, 10 June, 10 September and 10 December
Interest Payment Date 20 March, 20 June, 20 September and 20 December of each
calendar year
Interest Determination Date(s) 02 May 2023, thereafter each of 20 March, 20 June, 20
September and 20 December in each calendar year, during the
term of the Notes, ending on 20 March 2028
Issue Date 02 May 2023
First Interest Commencement 02 May 2023
First Interest Payment Date 20 June 2023
Date Convention Following
ISIN No. ZAG000195751
Additional Information Unsubordinated Unsecured
26 April 2023
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 26-04-2023 11:30:00
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