NEDBANK GROUP LIMITED - New Financial Instrument Listing Notice - NGT105 - 22 November 2019

New Financial Instrument Listing Notice - NGT105 - 22 November 2019

NEDBANK GROUP LIMITED
Reg No 1966/010630/06
Incorporated in the Republic of South Africa


JSE Code: NGT105
ISIN No:   ZAG000160441

New Listing of Nedbank Group Limited Floating Rate Note Callable

The JSE Limited has granted a listing to NEDBANK GROUP LIMITED on
the Interest Rate Market with effect from 22 November 2019 under
its Domestic Medium Term Note Programme.

Authorised Programme size          R 25,000,000,000.00
Total Notes Outstanding            R 16,357,000,000.00 (including
                                   this issuance)

INSTRUMENT TYPE:                   FLOATING RATE NOTE CALLABLE

Bond Code                          NGT105
Nominal Issued                     R 1,000,000,000.00
Issue Price                        100%
Coupon                             11.05 % (3 Month JIBAR as at 19
                                   Nov 2019 of 6.8 % plus 425 bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                22 May 2099
Books Close Date(s)                17 February, 17 May, 17 August,
                                   17 November
Interest Payment Date(s)           22 February, 22 May, 22 August,
                                   22 November
Last Day to Register               By 17:00 on 16 February, 16 May,
                                   16 August, 16 November
Issue Date                         22 November 2019
Date Convention                    Modified Following
Interest Commencement Date         22 November 2019
First Interest Payment Date        22 February 2020
Call / Step Up Date                22 May 2025
ISIN No.                           ZAG000164526
Additional Information             Subordinate, Unsecure - First
                                   Tier
Additional Terms and Conditions    N/A

Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bon
                         dDocuments/NGT105%20Pricing%20Supplement%
                         2022%20Nov%202019.pdf


Securities Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.

Date: 21 November 2019

Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 21/11/2019 05:06:00
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