Enhanced Investments - Financial Portal

New Financial Instrument Listing - ASC048; ASC049; ASC050; ASC051; ASC052; ASC053 and ASC056

Published: 2023-08-23 18:40:27 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: ASC048
ISIN No: ZAG000198615
Bond Code: ASC049
ISIN No: ZAG000198771
Bond Code: ASC050
ISIN No: ZAG000198797
Bond Code: ASC051
ISIN No: ZAG000198839
Bond Code: ASC052
ISIN No: ZAG000198748
Bond Code: ASC053
ISIN No: ZAG000198631
Bond Code: ASC056
ISIN No: ZAG000198805

NEW FINANCIAL INSTRUMENTS LISTING

The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED “ASC048; ASC049; ASC050;
ASC051; ASC052; ASC053” and “ASC056” 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                                  R57,446,356,012.51 (Including these tranches)

Full Note details are as follows:

Instrument Type                                       Credit Linked Note
Bond Code                                             ASC048
Nominal Issued                                        ZAR30,000,000.00
Issue Price                                           100%
Coupon                                                3 Month JIBAR plus 371bps
Coupon Rate Indicator                                 Floating
Trade Type                                            Price
Final Maturity Date                                   10 August 2028
Last Day to Register                                  by 17:00 on 30 January, 29 April, 30 July and 30 October
Books Close Date                                      31 January, 30 April, 31 July and 31 October
Interest Payment Dates                                10 February, 10 May, 10 August and 10 November of each
                                                      calendar year during the term of the Note, commencing on
                                                      10 November 2023
Interest Rate Determination Dates                     10 February, 10 May, 10 August, and 10 November of each
                                                      calendar year, commencing on the Issue Date
Issue Date                                            24 August 2023
Date Convention                                       Following
ISIN No.                                              ZAG000198615
Additional Information                                Unsubordinated Unsecured
Full Note details are as follows:

Instrument Type                          Credit Linked Note
Bond Code                                ASC049
Nominal Issued                           ZAR15,000,000.00
Issue Price                              100%
Coupon                                   3 Month JIBAR plus 45bps
Coupon Rate Indicator                    Floating
Trade Type                               Price
Final Maturity Date                      24 November 2023
Last Day to Register                     by 17:00 on 13 November 2023
Books Close Date                         14 November 2023
Interest Payment Date                    24 November 2023
First Interest Rate Determination Date   24 August 2023
Issue Date                               24 August 2023
Date Convention                          Following
ISIN No.                                 ZAG000198771
Additional Information                   Unsubordinated Unsecured

Full Note details are as follows:

Instrument Type                          Credit Linked Note
Bond Code                                ASC050
Nominal Issued                           ZAR100,000,000.00
Issue Price                              100%
Coupon                                   3 Month JIBAR plus 371bps
Coupon Rate Indicator                    Floating
Trade Type                               Price
Final Maturity Date                      25 August 2028
Last Day to Register                     by 17:00 on 14 February, 14 May, 14 August and 14 November
Books Close Date                         15 February, 15 May, 15 August and 15 November
Interest Payment Dates                   25 February, 25 May, 25 August and 25 November of each
                                         calendar year during the term of the Note, commencing on
                                         25 November 2023
Interest Rate Determination Dates        25 February, 25 May, 25 August and 25 November of each
                                         calendar year, commencing on the Issue Date
Issue Date                               25 August 2023
Date Convention                          Following
ISIN No.                                 ZAG000198797
Additional Information                   Unsubordinated Unsecured
Full Note details are as follows:

Instrument Type                     Credit Linked Note
Bond Code                           ASC051
Nominal Issued                      ZAR100,000,000.00
Issue Price                         100%
Coupon                              3 Month JIBAR plus 155bps
Coupon Rate Indicator               Floating
Trade Type                          Price
Final Maturity Date                 25 August 2028
Last Day to Register                by 17:00 on 14 February, 14 May, 14 August and 14 November
Books Close Date                    15 February, 15 May, 15 August and 15 November
Interest Payment Dates              25 February, 25 May, 25 August and 25 November of each
                                    calendar year during the term of the Note, commencing on
                                    25 November 2023
Interest Rate Determination Dates   25 February, 25 May, 25 August and 25 November of each
                                    calendar year, commencing on the Issue Date
Issue Date                          25 August 2023
Date Convention                     Following
ISIN No.                            ZAG000198839
Additional Information              Unsubordinated Unsecured

Full Note details are as follows:

Instrument Type                     Credit Linked Note
Bond Code                           ASC052
Nominal Issued                      ZAR30,000,000.00
Issue Price                         100%
Coupon                              3 Month JIBAR plus 370bps
Coupon Rate Indicator               Floating
Trade Type                          Price
Final Maturity Date                 10 August 2028
Last Day to Register                by 17:00 on 30 January, 29 April, 30 July and 30 October
Books Close Date                    31 January, 30 April, 31 July and 31 October
Interest Payment Dates              10 February, 10 May, 10 August and 10 November of each
                                    calendar year during the term of the Note, commencing on
                                    10 November 2023
Interest Rate Determination Dates   10 February, 10 May, 10 August and 10 November of each
                                    calendar year, commencing on the Issue Date
Issue Date                          25 August 2023
Date Convention                     Following
ISIN No.                            ZAG000198748
Additional Information              Unsubordinated Unsecured
Full Note details are as follows:

Instrument Type                     Credit Linked Note
Bond Code                           ASC053
Nominal Issued                      ZAR10,000,000.00
Issue Price                         100%
Coupon                              3 Month JIBAR plus 250bps
Coupon Rate Indicator               Floating
Trade Type                          Price
Final Maturity Date                 20 June 2030
Last Day to Register                by 17:00 on 09 March, 09 June, 09 September and 09 December
Books Close Date                    10 March, 10 June, 10 September and 10 December
Interest Payment Dates              20 March, 20 June, 20 September and 20 December of each
                                    calendar year during the term of the Note, commencing on
                                    20 September 2023
Interest Rate Determination Dates   20 March, 20 June, 20 September and 20 December of each
                                    calendar year, commencing on the Issue Date
Issue Date                          29 August 2023
Date Convention                     Following
ISIN No.                            ZAG000198631
Additional Information              Unsubordinated Unsecured

Full Note details are as follows:

Instrument Type                     Credit Linked Note
Bond Code                           ASC056
Nominal Issued                      ZAR70,000,000.00
Issue Price                         100%
Coupon                              3 Month JIBAR plus 380bps
Coupon Rate Indicator               Floating
Trade Type                          Price
Final Maturity Date                 20 June 2030
Last Day to Register                by 17:00 on 09 March, 09 June, 09 September and 09 December
Books Close Date                    10 March, 10 June, 10 September and 10 December
Interest Payment Dates              20 March, 20 June, 20 September and 20 December of each
                                    calendar year during the term of the Note, commencing on
                                    20 September 2023
Interest Rate Determination Dates   20 March, 20 June, 20 September and 20 December of each
                                    calendar year, commencing on the Issue Date
Issue Date                          28 August 2023
Date Convention                     Following
ISIN No.                            ZAG000198805
Additional Information              Unsubordinated Unsecured
23 August 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.