Wrap Text
New Financial Instrument Listings: ASC218/ASC219/ASC220
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: ASC218
ISIN No: ZAG000213026
Bond Code: ASC219
ISIN No: ZAG000213034
Bond Code: ASC220
ISIN No: ZAG000213042
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED "ASC218, ASC219, and
ASC220" 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 63,636,554,863.46 (Including this tranche)
Full Note details are as follows:
Instrument Type Mixed rate notes
Bond Code ASC218
Nominal Issued ZAR65,000,000.00
Issue Price 100%
Trade Type Price
Coupon 3 Month JIBAR plus 300 basis points (or 3.00%) with a fixed rate of
11.05%
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 31 January 2040
Last Date to Register by 17:00 on 20 January, 19 April, 20 July and 20 October of each
calendar year until 31 July 2030, thereafter, each of 20 January and
20 July
Books Closed Period 21 January, 20 April, 21 July and 21 October of each calendar year
until 31 July 2030, thereafter, each of 21 January and 21 July
Interest Payment Dates 31 January, 30 April, 31 July, and 31 October with the first Floating
Interest Payment Date being 30 April 2025 and ending on 31
January 2030 and fixed interest payment dates being 31 January
and 31 July of each calendar year during the term of the Notes, with
the first Fixed Interest Payment Date being 31 January 2031
Interest Rate Determination Dates of 31 January, 30 April, 31 July, and 30 October in each calendar
year, ending on 30 April 2030,
Interest Commencement Date Issue Date
Issue Date 28 February 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Mixed rate notes
Bond Code ASC219
Nominal Issued ZAR65,000,000.00
Issue Price 100%
Trade Type Price
Coupon 3 Month JIBAR plus 250 basis points (or 2.50%) with a fixed rate of
11.00%
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 31 January 2037
Last Date to Register by 17:00 on 20 January, 19 April, 20 July and 20 October of each
calendar year until 31 July 2030, thereafter, each of 20 January and
20 July
Books Closed Period 21 January, 20 April, 21 July and 21 October of each calendar year
until 31 July 2030, thereafter, each of 21 January and 21 July
Interest Payment Dates 31 January, 30 April, 31 July, and 31 October with the first Floating
Interest Payment Date being 30 April 2025 and ending on 31
January 2030, with the first Fixed Interest Payment Date being 31
January 2031
Interest Rate Determination Dates 31 January, 30 April, 31 July, and 30 October in each calendar year,
ending on 30 April 2030
Interest Commencement Date Issue Date
Issue Date 28 January 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC220
Nominal Issued ZAR412,900,000.00
Issue Price 100.0783972%
Trade Type Price
Coupon 3 Month JIBAR plus 220 basis points (or 2.20%)
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 25 November 2029
Last Date to Register by 17:00 on 14 February, 14 May, 14 August and 14 November
Books Closed Period 15 February, 15 May, 15 August and 15 November
Interest Payment Dates 25 February, 25 May, 25 August and 25 November of each
calendar year during the term of the Notes, commencing on 25 May
2025
Interest Rate Determination Dates 25 November, thereafter each of 25 February, 25
May, 25 August and 25 November in each
calendar year, during the term of the Notes,
ending on 25 August 2029
Interest Commencement Date 24 November 2024
Issue Date 28 February 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
27 February 2025
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 27-02-2025 03:12:00
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