Enhanced Investments - Financial Portal

New Financial Instrument Listing: ASC068/ASC069/ASC070

Published: 2023-10-18 13:37:27 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: ASC068
ISIN No: ZAG000200387
Bond Code: ASC069
ISIN No: ZAG000200353
Bond Code: ASC070
ISIN No: ZAG000200379

NEW FINANCIAL INSTRUMENTS LISTING

The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED “ASC068; ASC069; “ASC070”
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                                 R52,570,815,471.51 (Including these tranches)

Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC068
Nominal Issued                                       ZAR70,787,869.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 300 basis points (or 3.00%) from and
                                                     including Interest Commencement Date up to 31 August 2028.
Coupon Rate Indicator                                Floating
Trade Type                                           Price
Final Maturity Date                                  28 February 2035
Last Day to Register                                 by 17:00 on 17 February, 20 May, 20 August and 19 November of
                                                     each calendar year until 31 August 2028, thereafter, each of 17
                                                     February and 20 August
Books Close Date                                     18 February, 21 May, 21 August and 20 November
Interest Payment Dates                               Each of 28 February, 31 May, 31 August, and 30 November with
                                                     the first Floating Interest Payment Date being 30 November 2023
                                                     and ending on 31 August 2028, and thereafter only 28th February
                                                     and 31 August of each calendar year.


Interest Rate Determination Dates                    28 February, 31 May, 31 August, and 30 November, commencing
                                                     on the Issue Date
Issue Date                                           19 October 2023
Date Convention                                       Following
ISIN No.                                             ZAG000200387
Additional Information                               Unsubordinated Unsecured
Full Note details are as follows:

Instrument Type                     Index Linked Note
Bond Code                           ASC069
Nominal Issued                      ZAR25,000,000.00
Issue Price                         100%
Trade Type                          Price
Final Maturity Date                 19 October 2026
Last Day to Register                by 17:00 on 08 October 2026
Books Close Date                    09 October 2026
Issue Date                          19 October 2023
Date Convention                     Following
ISIN No.                            ZAG000200353
Additional Information              Unsubordinated Unsecured

Full Note details are as follows:

Instrument Type                     Credit Linked Note
Bond Code                           ASC070
Nominal Issued                      ZAR150,000,000.00
Issue Price                         100%
Coupon                              3 Month JIBAR plus 165 basis points (or 1.65%)
Coupon Rate Indicator               Floating
Trade Type                          Price
Final Maturity Date                 19 October 2028
Last Day to Register                by 17:00 on 08 January, 08 April, 08 July and 08 October of each
                                    calendar year until the Maturity Date,
Books Close Date                    09 January, 09 April, 09 July and 08 October
Interest Payment Dates              19 January, 19 April, 19 July and 19 October of each year with the
                                    first Floating Interest Payment Date being 19 January 2024 and
                                    ending on the Maturity Date
Interest Rate Determination Dates   19 January, 19 April, 19 July and 19 October in each calendar
                                    year, commencing on the Issue Date
Issue Date                          19 October 2023
Date Convention                     Following
ISIN No.                            ZAG000200379
Additional Information              Unsubordinated Unsecured
18 October 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.