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NEDBANK LIMITED - New Financial Instrument Listing - NED14

Release Date: 28/11/2013 13:30
Code(s): NED14     PDF:  
Wrap Text
New Financial Instrument Listing - NED14

Nedbank Limited

JSE Code: NED14

ISIN No: ZAG000111048





New Listing



The JSE Limited has granted a listing to NEDBANK LIMITED in

respect of the Notes described below on the Interest Rate Market

with effect from 28 November 2013 under its Domestic Medium Term

Note Programme dated 24 May 2010.



Instrument type:           Floating rate note



Authorised Programme size: R 40,000,000,000.00

Total Notes Outstanding:   R 27,330,000,000.00







Bond Code:                  NED14

Nominal Issued:             R 1,200,000,000.00

Issue Price:                100%

Coupon:                     7.742% (3 month Jibar as at 25

                            November 2013 of 5.192% plus 255bps)

Coupon Indicator:           Floating

Trade Type:                 Price

Final Maturity Date:        29 November 2023

Optional Redemption Date:   29 November 2018

Interest Date(s):           28 February, 28 May, 28 August and 29

                            November

Books Close:                23 February, 23 May, 23 August and 24

                            November

Last Day to Register:       by 17:00 on 22 February, 22 May, 22

                            August and 23 November

Issue Date:                 28 November 2013

Date Convention:            Modified Following Business Day

Interest Commencement Date: 28 November 2013

First Interest Date:        28 February 2014

ISIN No:                    ZAG000111048

Additional Information:     Subordinated Unsecured Notes

The note will be immobilised in the Central Securities Depository

(“CSD”) and settlement will take place electronically in terms of

JSE Rules. Further information on the Note issue please contact:



Date 28th November 2013



Debt Sponsor: Nedbank Capital


Date: 28/11/2013 01:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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