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New Financial Instrument Listings: ASC245/ASC246/ASC247.
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: ASC245
ISIN No: ZAG000215187
Bond Code: ASC246
ISIN No: ZAG000215211
Bond Code: ASC247
ISIN No: ZAG000215203
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED "ASC245,ASC246 and
ASC247" 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 R80,000,000,000.00
Total Notes in issue R 65,400,868,015.77 (Including this tranche)
Full Note details are as follows:
Instrument Type Index Linked Note
Bond Code ASC245
Nominal Issued ZAR150,000,000.00
Issue Price 100%
Trade Type Price
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 25 July 2025
Last Date to Register by 17:00 on 13 July 2025.
Books Closed Period 14 July 2025.
Interest Commencement Date Issue Date
Issue Date 25 April 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC246
Nominal Issued ZAR100,000,000.00
Issue Price 100%
Trade Type Price
Coupon 3 Month JIBAR plus 140 basis points (or 1.40%)
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 29 April 2030
Last Date to Register by 17:00 on 18 April , 18 July, 18 October and 18 January
Books Closed Period 19 April , 19 July, 19 October and 19 January
Interest Payment Dates 29 April, 29 July, 29 October and 29 January of each calendar year
during the term of the Notes, commencing on 29 July 2025 and
ending on 29 April 2030
Interest Rate Determination Dates 29 April 2025, thereafter each of 29 January , 29 April , 29 July and
29 October in each calendar year, during the term of the Notes,
ending on 29 January 2030
Interest Commencement Date Issue Date
Issue Date 29 April 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC247
Nominal Issued ZAR100,000,000.00
Issue Price 100%
Trade Type Price
Coupon 3 Month JIBAR plus 140 basis points (or 1.4%)
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 30 April 2030
Last Date to Register by 17:00 on 19 April, 20 July, 20 October and 20 January
Books Closed Period 20 April, 21 July, 21 October and 21 January
Interest Payment Dates 30 April, 31 July, 31 October and 31 January of each calendar year
during the term of the Notes, commencing on 31 July 2025 and
ending on 30 April 2030
Interest Rate Determination Dates 30 April 2025, thereafter each of 31 January , 30 April , 31 July and
31 October in each calendar year, during the term of the Notes,
ending on 31 January 2030
Interest Commencement Date Issue Date
Issue Date 30 April 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
24 April 2025
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 24-04-2025 11:30:00
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