Wrap Text
New Financial Instrument Listing - ASC259; ASC260 & ASC261
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: ASC259
ISIN No: ZAG000216425
Bond Code: ASC260
ISIN No: ZAG000216516
Bond Code: ASC261
ISIN No: ZAG000216508
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED "ASC259, ASC260 and ASC261"
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 R66,113,602,254.06 (Including these tranches)
Full Note details are as follows:
Instrument Type Credit Linked Note
Stock Code ASC259
ISIN ZAG000216425
Nominal Issued ZAR30,000,000.00
Issue Price 100%
Coupon 3 Month JIBAR plus 158 basis points (or 1.58%)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 18 June 2030
Last Day to Register 07 March, 07 June, 07 September and 07 December
Books Closed Period 08 March to 18 March, 08 June to 18 June, 08 September to 18
September and 08 December to 18 December
Interest Payment Dates Each of 18 March, 18 June, 18 September and 18 December of
each calendar year during the term of the Notes, commencing on
18 September 2025 and ending on 18 June 2030
Interest Rate Determination Dates 18 June 2025, thereafter each of 18 March, 18 June, 18 September
and 18 December in each calendar year, during the term of the
Notes, ending on 18 March 2030
Issue Date 18 June 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Credit Linked Note
Stock Code ASC260
ISIN ZAG000216516
Nominal Issued ZAR200,000,000.00
Issue Price 100%
Coupon 3 Month JIBAR plus 190 basis points (or 1.90%)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 20 June 2030
Last Day to Register 09 March, 09 June, 09 September and 09 December
Books Closed Period 10 March to 20 March, 10 June to 20 June, 10 September to 20
September and 10 December to 20 December
Interest Payment Dates Each of 20 March, 20 June, 20 September and 20 December of
each calendar year during the term of the Notes, commencing on
20 September 2025 and ending on 20 June 2030
Interest Rate Determination Dates 19 June 2025, thereafter each of 20 March, 20 June, 20 September
and 20 December in each calendar year, during the term of the
Notes, ending on 20 March 2030
Issue Date 19 June 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Credit Linked Note
Stock Code ASC261
ISIN ZAG000216508
Nominal Issued ZAR30,000,000.00
Issue Price 100%
Coupon 3 Month JIBAR plus 300 basis points (or 3.00%)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 20 June 2026
Last Day to Register 09 March, 09 June, 09 September and 09 December
Books Closed Period 10 March to 20 March, 10 June to 20 June, 10 September to 20
September and 10 December to 20 December
Interest Payment Dates Each of 20 March, 20 June, 20 September and 20 December of
each calendar year during the term of the Notes, commencing on
20 September 2025 and ending on 20 June 2026
Interest Rate Determination Dates 20 June 2025, thereafter each of 20 March, 20 June, 20 September
and 20 December in each calendar year, during the term of the
Notes, ending on 20 March 2026
Issue Date 20 June 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
17 June 2025
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 17-06-2025 01:00:00
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