Enhanced Investments - Financial Portal

New Financial Instrument Listing - ABGN01; ABGN02 & ABGN03

Published: 2022-06-24 13:00:38 ET

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)

Bond Code: ABGN01
ISIN No: ZAG000187436

Bond Code: ABGN02
ISIN No: ZAG000187428

Bond Code: ABGN03
ISIN No: ZAG000187410


NEW FINANCIAL INSTRUMENTS LISTING

The JSE Limited has granted a financial instruments listing on Sustainability Segment of the Interest Rate
Market to ABSA BANK LIMITED’s ABGN01, ABGN02 and ABGN03 notes under its Domestic Medium Term
Note Programme dated 03 September 2021.

Authorised Programme size                         ZAR90,000,000,000.00
Total notes in issue                              ZAR52,608,883,052.00 (Excluding this tranche)

Full Note details are as follows:


Instrument Type                                  Floating Rate Note

Bond Code                                        ABGN01
Nominal Value                                    R439,000,000
Issue price                                      100%
Coupon                                           6.15% (3 Month JIBAR as at 22 June 2022 of 4.950% plus
                                                 120bps)
Coupon Rate Indicator                            Floating
Trade Type                                       Price
Final Maturity Date                              27 June 2025
Books Close Date(s)                              18 March, 18 June, 18 September, 18 December
Interest Payment/Determination Date(s)           27 March, 27 June, 27 September, 27 December
Last day to register                             By 17:00 on 17 March, 17 June, 17 September, 17 December
Issue Date                                       27 June 2022
Date Convention                                  Modified Following
First Interest Commencement Date                 27 June 2022
First Interest Payment Date                      27 September 2022
ISIN No                                          ZAG000187436
Additional Information                           Unsubordinated, Unsecured
Instrument Type                          Floating Rate Note

Bond Code                                ABGN02
Nominal Value                            R1,098,000,000
Issue price                              100%
Coupon                                   6.38% (3 Month JIBAR as at 22 June 2022 of 4.950% plus
                                         143bps)
Coupon Rate Indicator                    Floating
Trade Type                               Price
Final Maturity Date                      27 June 2027
Books Close Date(s)                      18 March, 18 June, 18 September, 18 December
Interest Payment/Determination Date(s)   27 March, 27 June, 27 September, 27 December
Last day to register                     By 17:00 on 17 March, 17 June, 17 September, 17 December
Issue Date                               27 June 2022
Date Convention                          Modified Following
First Interest Commencement Date         27 June 2022
First Interest Payment Date              27 September 2022
ISIN No                                  ZAG000187428
Additional Information                   Unsubordinated, Unsecured




Instrument Type                          Floating Rate Note

Bond Code                                ABGN03
Nominal Value                            R1,032,000,000
Issue price                              100%
Coupon                                   6.5% (3 Month JIBAR as at 22 June 2022 of 4.950% plus 155bps)
Coupon Rate Indicator                    Floating
Trade Type                               Price
Final Maturity Date                      27 June 2029
Books Close Date(s)                      18 March, 18 June, 18 September, 18 December
Interest Payment/Determination Date(s)   27 March, 27 June, 27 September, 27 December
Last day to register                     By 17:00 on 17 March, 17 June, 17 September, 17 December
Issue Date                               27 June 2022
Date Convention                          Modified Following
First Interest Commencement Date         27 June 2022
First Interest Payment Date              27 September 2022
ISIN No                                  ZAG000187410
Additional Information                         Unsubordinated, Unsecured



24 June 2022

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.

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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.