Enhanced Investments - Financial Portal

New Financial Instrument Listings_ ASC038,ASC039, ASC040

Published: 2023-07-20 17:10:27 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: ASC038
ISIN No: ZAG000197807
Bond Code: ASC039
ISIN No: ZAG000197781
Bond Code: ASC040
ISIN No: ZAG000197799


NEW FINANCIAL INSTRUMENTS LISTING

The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED “ASC038”; “ASC039”and
“ASC040” 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                                 ZAR56,301,474,012.51 (Including these tranches)

Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC038
Nominal Issued                                       ZAR100,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 191 basis points (1.91%) to be added to the
                                                     relevant Reference Rate.
Coupon Rate Indicator                                Floating
Trade Type                                           Price
Final Maturity Date                                  21 July 2028
Last Day to Register                                 by 17:00 on 10 April, 10 July, 10 October and 10 January
                                                     of each calendar year until the Maturity Date
Books Close Date                                     11 April, 11 July, 11 October and 11 January
Interest Payment Date                                21 January, 21 April, 21 July and 21 October of each calendar
                                                     year, commencing on 21 October 2023 and ending on the
                                                     Maturity Date
Interest Rate Determination Dates                    21 January, 21 April, 21 July and 21 October of each calendar
                                                     year, commencing on the Issue Date and ending on the Maturity
                                                     Date
Issue Date                                           21 July 2023
Date Convention                                       Following
ISIN No.                                             ZAG000197807
Additional Information                               Unsubordinated Unsecured

Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC039
Nominal Issued                                       ZAR100,000,000.00
Issue Price                                          100%
Coupon                              3 Month JIBAR plus 156 basis points (1.56%) to be added to the
                                    relevant Reference Rate.
Coupon Rate Indicator               Floating
Trade Type                          Price
Final Maturity Date                 21 July 2028
Last Day to Register                by 17:00 on 10 April, 10 July, 10 October and 10 January of each
                                    calendar year until the Maturity Date
Books Close Date                    11 April, 11 July, 11 October and 11 January
Interest Payment Date               21 January, 21 April, 21 July and 21 October of each calendar
                                    year, commencing on 21 October 2023 and ending on the
                                    Maturity Date
Interest Rate Determination Dates   21 January, 21 April, 21 July and 21 October of each calendar
                                    year, commencing on the Issue Date and ending on the Maturity
                                    Date
Issue Date                          21 July 2023
Date Convention                     Following
ISIN No.                            ZAG000197781
Additional Information              Unsubordinated Unsecured



Full Note details are as follows:

Instrument Type                     Credit Linked Note
Bond Code                           ASC040
Nominal Issued                      ZAR100,000,000.00
Issue Price                         100%
Coupon                              3 Month JIBAR plus 207.5 basis points (2.075%) to be added to
                                    the relevant Reference Rate.
Coupon Rate Indicator               Floating
Trade Type                          Price
Final Maturity Date                 21 July 2028
Last Day to Register                by 17:00 on 10 April, 10 July, 10 October and 10 January of each
                                    calendar year until the Maturity Date
Books Close Date                    11 April, 11 July, 11 October and 11 January
Interest Payment Date               21 January, 21 April, 21 July and 21 October of each calendar
                                    year, commencing on 21 October 2023 and ending on the
                                    Maturity Date
Interest Rate Determination Dates   21 January, 21 April, 21 July and 21 October of each calendar
                                    year, commencing on the Issue Date and ending on the Maturity
                                    Date
Issue Date                          21 July 2023
Date Convention                     Following
ISIN No.                            ZAG000197799
Additional Information              Unsubordinated Unsecured
20 July 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.