Wrap Text
New Financial Instrument Listings - ASN628 & ASN629
ABSA BANK LIMITED
(Incorporated with limited liability on 26 November 1986 under registration number 1986/004794/06 in the
Republic of South Africa)
Bond Code: ASN628
ISIN No: ZAE000299046
Bond Code: ASN629
ISIN No: ZAE000299053
NEW FINANCIAL INSTRUMENTS LISTING
The JSE Limited has granted financial instruments listing to ABSA BANK LIMITED “ASN628 and ASN629” notes under
its Master Structured Note Programme Memorandum. Copies of the Master Structured Note Programme and Pricing
Supplements are available on the issuer’s website at https://www.absa.africa/absaafrica/investor-relations/debt-
investors/
INSTRUMENT TYPE: INDEX-LINKED NOTES
Authorised Programme size R40,000,000,000.00
Full Note details are as follows:
Index Credit Suisse GEM 10% Risk Control (ER) Index
Total Notes in issue R 36,539,755,075.31 (including ASN628)
Listing Date 01 June 2021
Issue Size 100,000
Issue Price (ZAR) 1,000
Maturity Date 26 May 2026
JSE Long Code ABMBSN628-26MAY2026
JSE Short Code ABMBSN628
JSE Alpha Code ASN628
ISIN ZAE000299046
Sector Specialised Securities
Sub – Sector Investment Products
Full Note details are as follows:
Index Credit Suisse GEM 10% Risk Control (ER) Index
Total Notes in issue R 36,564,539,075.31 (including ASN629)
Listing Date 01 June 2021
Issue Size 24,784
Issue Price (ZAR) 1,000
Maturity Date 26 May 2026
JSE Long Code ABMBSN629-26MAY2026
JSE Short Code ABMBSN629
JSE Alpha Code ASN629
ISIN ZAE000299053
Sector Specialised Securities
Sub – Sector Investment Products
Other provisions
Condition 9 titled “Taxation” in the section II-A of the Master Programme Memorandum titled “Terms and Conditions of
the Notes” is amended in relation to this Tranche of Notes by (i) the replacement of the words after the dash in Condition
9.3 with the words “provided that this exception shall only apply to that portion of the withholding or deduction which could
lawfully have been so reduced”, (ii) the deletion of Condition 9.8 and (iii) the insertion of the following additional
paragraphs immediately after Condition 9.7:
“9.8 where such withholding or deduction is imposed on a payment to an individual and is required to be made
pursuant to European Council Directive 2003/48/EC (or any other directive implementing the conclusions of the
2312th Economic and Financial Affairs Council (ECOFIN) meeting of 26 and 26 November 2000) on the taxation
of savings income or any law implementing or complying with, or introduced in order to conform to, such
directive; or
9.9 held by or on behalf of a Noteholder in circumstances where such party could lawfully reduce the amount of
taxation otherwise levied or leviable upon the principal or interest by virtue of any tax treaty or non-South African
tax laws applicable to such Noteholder, whether by way of a tax credit, rebate deduction or reduction equal to all
or part of the amount withheld or otherwise, and whether or not it is actually claimed and/or granted and/or
allowed; or
9.10 in respect of any present or future taxes, duties, assessments or governmental charges of whatever nature which
are payable otherwise than by withholding from payment of principal or interest, if any, with respect to such Note;
or
9.11 where any combination of the scenarios or occurrences contemplated in Conditions 9.1 to 9.10 above occurs the
Issuer is not liable for or otherwise obliged to pay any taxes that may arise as a result of the ownership, transfer
or redemption of any Note.
If the Issuer becomes subject generally at any time to any taxing jurisdiction, authority or agency other than or in addition
to the Republic South Africa, references in Conditions 8.2 (Redemption for Tax Reasons or due to a Change in Law) and
9 (Taxation) to South Africa shall be read and construed as references to South Africa and/or to such other jurisdiction,
authority or agency.”
31 May 2021
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 31-05-2021 05:00:00
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