ABSA BANK LIMITED - New Financial Instrument Listing: ASC066.

New Financial Instrument Listing: ASC066.

 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: ASC066
ISIN No: ZAG000199811


NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED “ASC066” note 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                                 R58,594,404,012.51 (Including this tranche)

Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC066
Nominal Issued                                       ZAR175,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 274 basis points (or 2.74%) from and
                                                     including Interest Commencement Date up to, but excluding, 31
                                                     March 2028.
                                                     and 11.05% per annum payable semi-annually from and including
                                                     30 September 2028 to, but excluding, the Maturity Date
Coupon Rate Indicator                                Floating
Trade Type                                           Price
Final Maturity Date                                  31 March 2032
Last Day to Register                                 By 17:00 on of 20 March, 19 June, 19 September and 20
                                                     December of each calendar year until 31 March 2028, and
                                                     thereafter 20 March and 19 September of each calendar year.
Books Close Date                                     21 March, 20 June, 20 September and 21 December of each
                                                     calendar year until 31 March 2028, and thereafter 21 March and
                                                     21 August of each calendar year.
Interest Payment Date                                Each of 31 March, 30 June, 30 September and 31 December with
                                                     the first Floating Interest Payment Date being 31 December 2023
                                                     and ending on 31 March 2028, and thereafter only 31st March and
                                                     30th September of each calendar year.
Interest Determination Date(s)                       28 September and thereafter 31 March, 30 June, 30 September
                                                     and 31 December in each calendar year
Issue Date                                           28 September 2023
Date Convention                                      Following
ISIN No.                                             ZAG000199811
Additional Information                               Unsubordinated Unsecured




27 September 2023
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 27-09-2023 02:34:00
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