Wrap Text
New Financial instrument listing: ASC284/ASC285
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: ASC284
ISIN No: ZAG000218363
Bond Code: ASC285
ISIN No: ZAG000218355
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED "ASC284 and ASC285" 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 R68,792,238,778.57 (Including these tranches)
Full Note details are as follows:
Instrument Type Credit Linked Note
Stock Code ASC284
Nominal Issued ZAR177,409,931.00
Issue Price 100%
Coupon 3 Month JIBAR plus 175 basis points (or 1.75%)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 31 March 2032
Last Day to Register 20 March, 19 June, 19 September and 20 December
Books Closed Period 21 March, 20 June, 20 September and 21 December
Interest Payment Dates 31 March, 30 June, 30 September and 31 December of each
calendar year during the term of the Notes, commencing on 30
September 2025 and ending on 31 March 2032
Interest Rate Determination Dates 19 August 2025, thereafter each of 31March, 30 June, 30
September and 31 December in each calendar year, during the
term of the Notes, ending on 31 December 2031
Issue Date 19 August 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Credit Linked Note
Stock Code ASC285
Nominal Issued ZAR506,569,863.00
Issue Price 100%
Coupon 3 Month JIBAR plus 175 basis points (or 7.75%)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 31 March 2032
Last Day to Register 20 March, 19 June, 19 September and 20 December
Books Closed Period 21 March, 20 June, 20 September and 21 December
Interest Payment Dates 31 March, 30 June, 30 September and 31 December of each
calendar year during the term of the Notes, commencing on 30
September 2025 and ending on 31 March 2032
Interest Rate Determination Dates 19 August 2025, thereafter each of 31 March, 30 June, 30
September and 31 December in each calendar year, during the
term of the Notes, ending on 31 December 2031
Issue Date 19 August 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
14 August 2025
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 14-08-2025 01:27:00
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