Enhanced Investments - Financial Portal

New Financial Instrument Listing-ASC041

Published: 2023-07-25 14:47:28 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: ASC041
ISIN No: ZAG000197906


NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted financial instrument listing to ABSA BANK LIMITED “ASC041” 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                            R 80,000,000,000.00

Total Notes in issue                                 R 56,423,483,012.51 (Including this tranche)

Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC041
Nominal Issued                                       R 30,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR 335 basis points (or 3.35%) to be added to the
                                                     relevant Reference Rate.
Coupon Rate Indicator                                Floating
Trade Type                                           Price
Final Maturity Date                                  20 June 2028
Last Day to Register                                 By 17:00 on of 09 March, 09 June, 09 September and 09
                                                     Decemberof each calendar year
Books Close Date                                     10 March, 10 June, 10 September and 10 December
Interest Payment Date                                20 March, 20 June, 20 September and 20 December of each
                                                     calendar year during the term of the Notes, commencing on 20
                                                     September 2023 and ending on 20 June 2028
Issue Date                                           26 July 2023
Interest Determination Date                          26 July 2023, thereafter each of 20 June, 20 September, 20
                                                     December, and 20 March in each calendar year, during the term
                                                     of the Notes, ending on 20 June 2028
Date Convention                                      Following
ISIN No.                                             ZAG000197906
Additional Information                               Unsubordinated Unsecured



25 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.