Enhanced Investments - Financial Portal

New Financial Instrument Listing-ASC030 and ASC031

Published: 2023-06-12 17:15:19 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: ASC030
ISIN No: ZAG000196940
Bond Code: ASC031
ISIN No.: ZAG000196957

NEW FINANCIAL INSTRUMENTS LISTING

The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED “ASC030” and “ASC031” 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                                 R57,289,189,012.54 (Including these tranches)

Full Note details are as follows:

Instrument Type                                      Floating Rate Notes
Bond Code                                            ASC030
Nominal Issued                                       ZAR1,500,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 110 basis points (1.1%) to be added to the
                                                     relevant Reference Rate.
Coupon Rate Indicator                                Floating
Trade Type                                           Price
Final Maturity Date                                  13 June 2024
Last Day to Register                                 by 17:00 on 02 September, 02 December, 02 March, and 02 June
                                                     of each calendar year until the Maturity Date
Books Close Date                                     03 September 2023 to 13 September 2023, 03 December to
                                                     13 December 2023, 03 March 2024 to 13 March 2024 and
                                                     03 June 2024 to 13 June 2024
Interest Payment Date                                13 September, 13 December, 13 March and 13 June of each
                                                     calendar year, commencing on 13 September 2023 and ending on
                                                     the Maturity Date
Interest Rate Determination Dates                    13 March, 13 June, 13 September and 13 December of each
                                                     calendar year, commencing on the Issue Date and ending on the
                                                     Maturity Date
Issue Date                                           13 June 2023
Date Convention                                       Following
ISIN No.                                             ZAG000196940
Additional Information                               Unsubordinated Unsecured



Full Note details are as follows:

Instrument Type                                      Floating Rate Notes
Bond Code                                            ASC031
Nominal Issued                                       ZAR1,200,000,000.00
Issue Price                                        100%
Coupon                                             3 Month JIBAR plus 110 basis points (1.1%) to be added to the
                                                   relevant Reference Rate.
Coupon Rate Indicator                              Floating
Trade Type                                         Price
Final Maturity Date                                14 June 2024
Last Day to Register                               by 17:00 on 03 September, 03 December, 03 March, and 03 June
                                                   of each calendar year until the Maturity Date
Books Close Date                                   04 September 2023 to 14 September 2023, 04 December to
                                                   14 December 2023, 04 March 2024 to 14 March 2024 and
                                                   04 June 2024 to 14 June 2024
Interest Payment Date                              14 September, 14 December, 14 March and 14 June of each
                                                   calendar year, commencing on 14 September 2023 and ending
                                                   on the Maturity Date
Interest Rate Determination Dates                  14 March, 14 June, 14 September and 14 December of each
                                                   calendar year, commencing on the Issue Date and ending on the
                                                   Maturity Date
Issue Date                                         14 June 2023
Date Convention                                    Following
ISIN No.                                           ZAG000196957
Additional Information                             Unsubordinated Unsecured



12 June 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.