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NEDBANK LIMITED - New Financial Instrument Listing - NI38

Release Date: 31/07/2018 09:00
Code(s): NI38     PDF:  
Wrap Text
New Financial Instrument Listing - NI38

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


JSE Code: NI38
ISIN No: ZAG000153073


New Listing

The JSE Limited has granted a listing to NEDBANK LIMITED on the
Interest Rate Market with effect from 31 July 2018 under its Structured
Note Programme dated 13 July 2016.

Authorised Programme size     R 15,000,000,000.00
Total Notes Outstanding       R 3,815,800,000.00

INSTRUMENT TYPE               FIXED RATE NOTE

Bond Code                     NI38
Nominal Issued                R60,000,000.00
Issue Price                   99.579230005%
Coupon                        2.25%
Coupon Rate Indicator         Fixed
Trade Type                    Inflation
Final Maturity Date           31 January 2038
Books Close Date(s)           21 January, 21 July
Interest Payment Date(s)      31 January, 31 July
Last Day to Register          By 17:00 on 20 January, 20 July
Issue Date                    31 July 2018
Date Convention               Following
Interest Commencement Date    31 July 2018
First Interest Payment Date   31 January 2019
ISIN No                       ZAG000153073
Additional Information        Senior, unsecured

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


Date 31 July 2018

Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 31/07/2018 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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