Sharenet Sites 
Sharenet Sites
Tap Issuance Financial Instrument Listing Announcement - IVC188
Investec Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1969/004763/06)
Issuer code: BIINLP
LEI No: 549300RH5FFHO48FXT69
Tap Issuance Financial Instrument Listing Announcement
ISSUE OF IVC188 SENIOR UNSECURED FLOATING RATE CREDIT LINKED NOTES
(“IVC188 NOTES”)
Application has been made to the JSE Limited (“JSE”) for the listing of R150,000,000 (one
hundred and fifty million Rand) senior unsecured floating rate credit linked Notes (stock code
IVC188), under Investec Bank Limited’s Credit Linked Note Programme dated 10 May 2010.
The IVC188 Notes will be issued to Noteholders on the date of listing being 15 December
2020 with effect from commencement of trade.
Salient features of the IVC188 Notes are listed below:
Issuer Investec Bank Limited
Principal Amount R150,000,000
Instrument Senior unsecured credit linked
Notes
Issue price per note 100.20640%
Tranche 2
Issue Date 15 December 2020
Nominal Amount per Note R1,000,000
Interest Rate 3-month JIBAR plus the Margin
Interest Determination Date 2 December, 2 March, 2 June and 2
September of each year, as
adjusted in accordance with the
applicable Business Day
Convention
Margin 2.50% (two point five zero percent)
for the period beginning on and
including the Issue Date to but
excluding 2 December 2021;
3.00% (three point zero zero
percent) for the period beginning on
and including 2 December 2021 to
and excluding the Scheduled
Maturity Date
Scheduled Maturity Date 2 December 2022
Optional Redemption Date (Call) 2 December 2021
Final Redemption Amount per Note The Nominal Amount per Note (plus
accrued unpaid interest, if any, to
the Maturity Date)
Interest Commencement Date Issue Date
Books Close Period From 23 November to 2 December,
21 February to 2 March, 24 May to 2
June and 24 August to 2 September
(all dates inclusive) of each year
until the Scheduled Maturity Date
Last Day to Register 20 February, 23 May, 23 August
and 22 November of each year, and
if such day is not a Business Day,
the Last Day to Register will be the
Business Day immediately
preceding the first day of the
relevant Books Closed Period
Interest Payment Dates 2 March, 2 June, 2 September and
2 December of each year, or if such
date is not a Business Day, the
Business Day on which the interest
will be paid, as adjusted in
accordance with the applicable
Business Day Convention (as
specified in the Applicable Pricing
Supplement), commencing on the
first interest payment date being 2
March 2021
Business Day Convention Following Business Day
JSE Stock Code IVC188
ISIN ZAG000173022
Aggregate Nominal Amount of Notes Outstanding ZAR8,445,231,785 (eight billion
under the Programme after this issuance four hundred and forty five million
two hundred and thirty one
thousand seven hundred and eighty
five 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: 14 December 2020
Debt Sponsor:
Investec Bank Limited
abotha@investec.co.za
Date: 14-12-2020 11:39:00
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.
