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ABSA BANK LIMITED - New Financial Instrument Listing.

Release Date: 13/05/2025 13:35
Code(s): ASC252     PDF:  
Wrap Text
New Financial Instrument Listing.

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: ASC252
ISIN No: ZAG000215633

NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED "ASC252" 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                                 R64,871,864,182.43 (Including this tranche)

Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Nominal Issued                                       ZAR 140,000,000.00
Issue Price                                          100%
Coupon                                                3 Month JIBAR plus 280 basis points (or 2.80%),
Coupon Rate Indicator                                 Floating
Trade Type                                            Price
Final Maturity Date                                  16 May 2030
Last Day to Register                                  by 17:00 on 05 May, 05 August, 05 November and 05 February
Books Closed Period                                   06 May, 06 August, 06 November and 06 February
Interest Payment Dates                                16 May, 16 August, 16 November and 16 February of each
                                                      calendar year during the term of the Notes, commencing on 16
                                                      August 2025 and ending on 16 May 2030
Interest Rate Determination Dates                     16 May 2025, thereafter each of, 16 August, 16 November and 16
                                                      February and 16 May in each calendar year, during the term of the
                                                      Notes, ending on 16 February 2030
Issue Date                                            16 May 2025
Date Convention                                       Following
Additional Information                                Unsubordinated Unsecured


13 May 2025

Debt Sponsor

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

Date: 13-05-2025 01:35:00
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