NEDBANK LIMITED - New Financial Instrument Listing - NEDT1B

New Financial Instrument Listing - NEDT1B

NEDBANK LIMITED
Nedbank Limited Reg No 1951/000009/06
Incorporated in the Republic of South Africa


JSE Code: NEDT1B
ISIN No: ZAG000140781

New Listing of Nedbank Limited Subordinated Unsecured Notes

The JSE Limited has granted a listing to Nedbank Limited on the
Interest Rate Market with effect from 25 November 2016 under its
Domestic Medium Term Note Programme.

Authorised Programme size          R 75,000,000,000.00
Total Notes Outstanding            R 45,522,000,000.00

INSTRUMENT TYPE:                   FLOATING RATE NOTE

Bond Code                          NEDT1B
Nominal Issued                     R500, 000,000.00
Issue Price                        100%
     Coupon                        13.608% (3 Month Jibar as at
                                   25 November 2016 of 7.358%
                                   plus 625 bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                Perpetual (expected maturity
                                   for    system    purposes   26
                                   November 2099)
Books Close Date(s)                By 17:00 on 20 February, 20
                                   May,    20   August,   and  20
                                   November
Issue Date                         25 November 2016
Date Convention                    Modified Following
Interest Commencement Date         25 November 2016
First Interest Payment Date        26 February 2017
First Optional Redemption Date     26 November 2021
ISIN No.                           ZAG000140781
Additional Information             Subordinated, Unsecured – Tier
                                   1 Notes
Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDoc
uments/NEDT1B%20Pricing%20Supplement_25112016.pdf


The notes will be immobilised in the Central Securities
Depository (“CSD”) and settlement will take place electronically
in terms of JSE Rules.

Date 25th November 2016

Debt Sponsor: Nedbank Corporate and Investment Banking

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