Wrap Text
New Financial Instrument Listing: ASC224/ASC225
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: ASC224
ISIN No: ZAG000213414
Bond Code: ASC225
ISIN No: ZAG000213422
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED "ASC224, and ASC225" 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 64,016,073,326.77 (Including this tranche)
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC224
Nominal Issued ZAR200,000,000.00
Issue Price 100%
Trade Type Price
Coupon 3 Month JIBAR plus 200 basis points (or 2.00%)
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 11 March 2030
Last Date to Register by 17:00 on 28 February, 31 May, 31 August and 30 November of
each calendar year and during a leap year the last date to register
will be 29 February rather than 28 February
Books Closed Period 01 March, 01 June, 01 September and 01 December
Interest Payment Dates 11 March, 11 June, 11 September and 11 December of each
calendar year during the term of the Notes, commencing on 11
June 2025 and ending on 11 March 2030
Interest Rate Determination Dates 11 March 2025, thereafter each of 11 March, 11 June, 11
September and 11 December in each calendar year, during the
term of the Notes, ending on 11 December 2029,
Interest Commencement Date Issue Date
Issue Date 11 March 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC225
Nominal Issued ZAR100,000,000.00
Issue Price 100%
Trade Type Price
Coupon 3 Month JIBAR plus 185 basis points (or 1.85%)
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 11 March 2030
Last Date to Register by 17:00 on 28 February, 31 May, 31 August and 30 Novemberof
each calendar year and during a leap year the last date to register
will be 29 February rather than 28 February
Books Closed Period 01 March, 01 June, 01 September and 01 December
Interest Payment Dates 11 March, 11 June, 11 September and 11 December of each
calendar year during the term of the Notes, commencing on 11
June 2025 and ending on 11 March 2030
Interest Rate Determination Dates 11 March 2025, thereafter each of 11 March, 11 June, 11
September and 11 December in each calendar year, during the
term of the Notes, ending on 11 December 2029
Interest Commencement Date Issue Date
Issue Date 11 March 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
10 March 2025
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 10-03-2025 03:24:00
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.
Sharenet Sites 
