Enhanced Investments - Financial Portal

New Financial Instrument Listing-ASC001

Published: 2023-03-17 12:58:28 ET

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: ASC001
ISIN No: ZAG000194762

NEW FINANCIAL INSTRUMENTS LISTING

The JSE Limited has granted a financial instrument listing to the ABSA BANK LIMITED “ASC001” note under its Master
Structured Note Programme Memorandum. The Master Structured Note Programme is available for viewing and
downloading on the issuer’s website at https://www.absa.africa/absaafrica/investor-relations/debt-investors/

Authorised Programme size                            R60,000,000,000.00

Total Notes in issue                                 R 49,300,926,037.54 (Including this tranche)

Full Note details are as follows:

Instrument Type                                      Mixed Rate Note
Bond Code                                            ASC001
Nominal Issued                                       R500,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 230 basis points (or 2.3%) from and including
                                                     Interest Commencement Date up to, but excluding, 31 March
                                                     2028.
                                                     and 10.00% per annum payable semi-annually from and including
                                                     30 September 2028 to, but excluding, the Maturity Date
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 30 June 2023 and
                                                     ending on 31 March 2028, and thereafter only 31st March and 30th
                                                     September of each calendar year.
Interest Determination Date(s)                       The first Interest Determination Date will be 20 March and
                                                     thereafter 31 March, 30 June, 30 September and 31 December in
                                                     each calendar year
Issue Date                                           20 March 2023
First Interest Commencement Date                     20 March 2023
First Interest Payment Date                          30 June 2023
Date Convention                                      Following
ISIN No.                                             ZAG000194762
Additional Information                               Unsubordinated Unsecured
17 March 2023

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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.