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ABSA BANK LIMITED - New Financial Instrument Listings: ASC117

Release Date: 19/04/2024 16:10
Code(s): ASC117     PDF:  
Wrap Text
New Financial Instrument Listings: ASC117

(Incorporated with limited liability on 26 November 1986 under registration number 1986/004794/06 in the Republic of
South Africa)
Bond Code: ASC117
ISIN No: ZAG000204769


The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED "ASC117" note under its Master
Structured Note Programme Memorandum. The Master Structured Note Programme is available on the issuer's website

Authorised Programme size                            R80,000,000,000.00
Total Notes in issue                                 R58,193,493,409.37 (Including this tranche)

Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC117
Nominal Issued                                       ZAR500,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 250 basis points (or 2.50%) up to maximum
                                                     interest rate of 11.90%.

Coupon Rate Indicator                                Floating
Trade Type                                           Price
Final Maturity Date                                  28 February 2031
Last Day to Register                                 by 17:00 on. 17 February , 20 May , 20 August and 19 November,
Books Closed Period                                  18 February , 21 May , 21 August and 20 November
Interest Payment Dates                               28 February, 31 May , 31 August and 30 November with the first
                                                     Floating Interest Payment Date being 31 May 2024 and ending on
                                                     the Maturity Date
Issue Date                                           22 April 2024
Date Convention                                      Following
ISIN No.                                             ZAG000204769
Additional Information                               Unsubordinated Unsecured

19 April 2024

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 19-04-2024 04:10:00
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