Wrap Text
New Financial Instrument Listing: ASC201/ASC202
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: ASC201
ISIN No: ZAG000211665
Bond Code: ASC202
ISIN No: ZAG000211673
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED "ASC201 and ASC202" 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 R 62,928,430,863.46 (Including this tranche)
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC201
Nominal Issued ZAR300,000,000.00
Issue Price 100%
Trade Type Price
Coupon 3 Month JIBAR plus 200 basis points (or 2.00%) with a maximum
of 12.10%
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 31 January 2037
Last Date to Register by 17:00 on 20 January, 19 April, 20 July and 20 October
Books Closed Period 21 January, 20 April, 21 July and 21 October
Interest Payment Dates 31January, 30 April, 31 July and 31 October with the first Floating
Interest Payment Date being 31 January 2025 and ending on the
Maturity Date
Interest Rate Determination Dates 31 January, 30 April, 31 July and 31 October, in each calendar year,
during the term of the Notes irrespective of whether it's a leap year,
commencing on the Issue Date and ending on the 31 October 2036
Interest Commencement Date Issue Date
Issue Date 03 January 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC202
Nominal Issued ZAR100,000,000.00
Issue Price 100%
Trade Type Price
Coupon 3 Month JIBAR plus 200 basis points (or 2.00%) with a maximum
of 12.25%
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 31 March 2038
Last Date to Register by 17:00 on 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 with the first
Floating Interest Payment Date being 31 March 2025 and ending
on the Maturity Date
Interest Rate Determination Dates 31 March, 30 June, 30 September and 31 December of each
calendar year, commencing on the Issue Date and ending on 31
December 2037
Interest Commencement Date Issue Date
Issue Date 03 January 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
23 December 2024
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 23-12-2024 01:21:00
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