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: ASC091
ISIN No: ZAG000202508

NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED “ASC091” 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                            R80,000,000,000.00
Total Notes in issue                                 R55,324,466,608.79 (Including this tranche)

Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC091
Nominal Issued                                       ZAR180,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 255 basis points (or 2.55%) from and including
                                                     Interest Commencement Date up to, but excluding, 28 February
                                                     2029.
                                                     and 11.35% per annum payable semi-annually from and including
                                                     31 August 2029 to, but excluding, the Maturity Date
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 28 February 2029, thereafter, each of 17
                                                     February and 20 August and in a leap year 18 February
Books Closed Period                                  by 17:00 on 18 February, 21 May, 21 August and 20 November of
                                                     each calendar year until 28 February 2029, thereafter, each of 18
                                                     February and 21 August and in a leap year 19 February
Interest Payment Dates                               Each of 28 February, 31 May, 31 August and 30 November with
                                                     the first Floating Interest Payment Date being 29 February 2024
                                                     and ending on 28 February 2029, and thereafter only 28th February
                                                     and 31st August of each calendar year
Interest Rate Determination Dates                    28 February, 31 May, 31 August, and 30 November commencing
                                                     on issue date and ending on 30 November 2028
Issue Date                                           23 January 2024
Date Convention                                      Following
ISIN No.                                             ZAG000202508
Additional Information                               Unsubordinated Unsecured



18 January 2024

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited