To view the PDF file, sign up for a MySharenet subscription.

ABSA BANK LIMITED - New Financial Instrument Listing: ASC253

Release Date: 22/05/2025 14:01
Code(s): ASC253     PDF:  
Wrap Text
New Financial Instrument Listing: ASC253

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: ASC253
ISIN No: ZAG000215864

NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED "ASC253" note 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                            R80,000,000,000.00
Total Notes in issue                                 R65,348,708,482.43 (Including this tranche)

Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Nominal Issued                                       ZAR 125,000,000.00
Issue Price                                          100%
Coupon                                                3 Month JIBAR plus 184 basis points (or 1.84%),
Coupon Rate Indicator                                 Floating
Trade Type                                            Price
Final Maturity Date                                   23 May 2030
Last Day to Register                                  by 17:00 on 12 February, 12 May, 12 August, and 12 November
Books Closed Period                                   13 February, 13 May, 13 August, and 13 November
Interest Payment Dates                                23 February, 23 May, 23 August, and 23 November of each
                                                      calendar year, commencing on 23 August 2025 and ending on the
                                                      Maturity Date,
Interest Rate Determination Dates                     23 February, 23 May, 23 August, and 23 November of each
                                                      calendar year, commencing on 23 May 2025 and ending on 23
                                                      February 2030
Issue Date                                            23 May 2025
Date Convention                                       Following
Additional Information                                Unsubordinated Unsecured


22 May 2025

Debt Sponsor

Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 22-05-2025 02:01:00
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.