NEDBANK GROUP LIMITED - New Financial Instrument Listing - NGL06 - 30 November 2018

New Financial Instrument Listing - NGL06 - 30 November 2018

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


JSE Code: NGL06
ISIN No:   ZAG000155839

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 30 November 2018 under
its Domestic Medium Term Note Programme.

Authorised Programme size          R 25,000,000,000.00
Total Notes Outstanding            R 10,357,000,000.00 (including
                                   this issuance)

Bond Code                          NGL06
Nominal Issued                     R 1,000,000,000.00
Issue Price                        100%
Coupon                             9.608% (3 Month JIBAR as at 27
                                   November 2018 of 7.158% plus 245
                                   bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                1 December 2028
Books Close                        24 February, 27 May, 27 August,
                                   26 November
Interest Payment Date(s)           1 March, 1 June, 1 September, 1
                                   December
Last Day to Register               By 17:00 on 23 February, 26 May,
                                   26 August, 25 November
Issue Date                         30 November 2018
Date Convention                    Modified Following
Interest Commencement Date         30 November 2018
First Interest Payment Date        1 March 2019
Call Date                          1 December 2023
ISIN No.                           ZAG000155839
Additional Information             Subordinate, Unsecure - Second
                                   Tier
Additional Terms and Conditions    N/A

Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDoc
uments/NGL06%20Pricing%20Supplement%2020181130.pdf



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



Date 30 November 2018

Debt Sponsor: Nedbank Corporate and Investment Banking

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