Wrap Text
New Financial Instrument Listing:ASC044_ASC045
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: ASC044
ISIN No: ZAG000198243
Bond Code: ASC045
ISIN No: ZAG000198268
NEW FINANCIAL INSTRUMENTS LISTING
The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED “ASC044”; “ASC045”and
“ASC040” notes under its Master Structured Note Programme Memorandum. The Master Structured Note Programme
is available on the issuer’s website at https://www.absa.africa/absaafrica/investor-relations/debt-investors/
Authorised Programme size R80,000,000,000.00
Total Notes in issue ZAR56,729,489,012.51 (Including these tranches)
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC044
Nominal Issued ZAR30,000,000.00
Issue Price 100%
Coupon 3 Month JIBAR plus 180 basis points (or 1.80%) to be added to
the relevant Reference Rate.
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 28 February 2035
Last Day to Register by 17:00 on 17 February, 20 May, 20 August and 19 November of
each calendar year until maturity
Books Close Date 18 February, 21 May, 21 August and 20 November
Interest Payment Date 28 February, 31 May, 31 August, and 30 November with the first
Floating Interest Payment Date being 31 August 2023 and ending
on the Maturity Date
Interest Rate Determination Dates 28 February, 31 May, 31 August and 30 November, of each
calendar year, commencing on the Issue Date and ending on the
Maturity Date
Issue Date 11 August 2023
Date Convention Following
ISIN No. ZAG000198243
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC045
Nominal Issued ZAR250,000,000.00
Issue Price 100.19897%
Coupon 3 Month JIBAR plus 195 basis points (1.95%) to be added to the
relevant Reference Rate.
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 20 June 2028
Last Day to Register by 17:00 on 09 March, 09 June, 09 September and 09 December
of each calendar year until the Maturity Date
Books Close Date 10 March, 10 June, 09 September and 09 December
Interest Payment Date 20 March, 20 June, 20 September and 20 December of each
calendar year, commencing on 20 September 2023 and ending
on the Maturity Date
Interest Rate Determination Dates 20 March, 20 June, 20 September and 20 December of each
calendar year, commencing on the 04 August 2023 and ending
on the Maturity Date
Issue Date 11 August 2023
Date Convention Following
ISIN No. ZAG000198268
Additional Information Unsubordinated Unsecured
10 August 2023
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 10-08-2023 12:39:00
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