Enhanced Investments - Financial Portal

New Financial Instrument Listing - ABFN66; ABFN67 & ABFN68

Published: 2023-09-13 17:59:20 ET

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)
Bond Code: ABFN66
ISIN No: ZAG000199159
Bond Code: ABFN67
ISIN No: ZAG000199167
Bond Code: ABFN68
ISIN No: ZAG000199175

NEW FINANCIAL INSTRUMENTS LISTING

The JSE Limited has granted financial instrument listings to ABSA BANK LIMITED’s ABFN66, ABFN67 and
ABFN68 notes under its Domestic Medium Term Note Programme dated 03 September 2021.

Authorised Programme size                        ZAR90,000,000,000.00
Total notes in issue                             ZAR61,953,883,052.00 (excluding these tranches)

Full Note details are as follows:

Instrument Type                                  Floating Rate Note
Bond Code                                        ABFN66
Nominal Value                                    R1,487,000,000
Issue price                                      100%
Coupon                                           3 Month JIBAR plus 103bps
Coupon Rate Indicator                            Floating
Trade Type                                       Price
Final Maturity Date                              15 September 2026
Interest Payment Date(s)                         15 March, 15 June, 15 September and 15 December, with the first
                                                 Interest Payment date being 15 December 2023
Interest Determination Date(s)                   15 March, 15 June, 15 September and 15 December of each year
                                                 commencing on 12 September 2023
Last day to register                             By 17:00 on 05 March, 05 June, 05 September and 05 December
Books Close Date(s)                              06 March, 06 June, 06 September and 06 December
Issue Date                                       15 September 2023
Interest Commencement Date                       15 September 2023
Date Convention                                  Modified Following
ISIN No                                          ZAG000199159
Additional Information                           Unsubordinated, Unsecured


Instrument Type                                  Floating Rate Note
Bond Code                                        ABFN67
Nominal Value                                    R830,000,000
Issue price                                      100%
Coupon                                           3 Month JIBAR plus 115bps
Coupon Rate Indicator                            Floating
Trade Type                                       Price
Final Maturity Date                            15 September 2028
Interest Payment Date(s)                       15 March, 15 June, 15 September and 15 December, with the first
                                               Interest Payment date being 15 December 2023
Interest Determination Date(s)                 15 March, 15 June, 15 September and 15 December of each year
                                               commencing on 12 September 2023
Last day to register                           By 17:00 on 05 March, 05 June, 05 September and 05 December
Books Close Date(s)                            06 March, 06 June, 06 September and 06 December
Issue Date                                     15 September 2023
Interest Commencement Date                     15 September 2023
Date Convention                                Modified Following
ISIN No                                        ZAG000199167
Additional Information                         Unsubordinated, Unsecured


Instrument Type                                Floating Rate Note
Bond Code                                      ABFN68
Nominal Value                                  R1,028,000,000
Issue price                                    100%
Coupon                                         3 Month JIBAR plus 128bps
Coupon Rate Indicator                          Floating
Trade Type                                     Price
Final Maturity Date                            15 September 2030
Interest Payment Date(s)                       15 March, 15 June, 15 September and 15 December, with the first
                                               Interest Payment date being 15 December 2023
Interest Determination Date(s)                 15 March, 15 June, 15 September and 15 December of each year
                                               commencing on 12 September 2023
Last day to register                           By 17:00 on 05 March, 05 June, 05 September and 05 December
Books Close Date(s)                            06 March, 06 June, 06 September and 06 December
Issue Date                                     15 September 2023
Interest Commencement Date                     15 September 2023
Date Convention                                Modified Following
ISIN No                                        ZAG000199175
Additional Information                         Unsubordinated, Unsecured



13 September 2023

Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)

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.