Enhanced Investments - Financial Portal

New Financial Instrument Listings:ASC095/ASC096

Published: 2024-01-26 18:07:36 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: ASC095
ISIN No: ZAG000202714
Bond Code: ASC0096
ISIN No: ZAG000202748


NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED “ASC095 and ASC096” 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                                 R56,074,466,608.79 (Including this tranche)

Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC095
Nominal Issued                                       ZAR50,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 235 basis points (or 2.35%)
Coupon Rate Indicator                                Floating
Trade Type                                           Price
Final Maturity Date                                  30 January 2027
Last Day to Register                                 by 17:00 on 19 January, 19 April, 19 July and 19 October
Books Closed Period                                  20 January, 20 April, 20 July and 20 October
Interest Payment Dates                               30 January, 30 April, 30 July and 30 October of each calendar year
                                                     during the term of the Notes, commencing 30 April 2024 and ending
                                                     on the Maturity Date
Interest Rate Determination Dates                    30 April, 30 July, 30 October and 30 January in each calendar year,
                                                     during the term of the Notes ending on 30 October 2026
Issue Date                                           30 January 2024
Date Convention                                      Following
ISIN No.                                             ZAG000202714
Additional Information                               Unsubordinated Unsecured



Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC096
Nominal Issued                                       ZAR200,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 390 basis points (or 3.90%)
Coupon Rate Indicator                                Floating
Trade Type                                           Price
Final Maturity Date                                30 December 2030
Last Day to Register                               by 17:00 on 09 March, 09 June, 09 September and 09 December
Books Closed Period                                10 March, 10 June, 10 September and 10 December
Interest Payment Dates                             20 March, 20 June, 20 September and 20 December
Interest Rate Determination Dates                  30 January 2024, thereafter each of 20 March, 20 June, 20
                                                   September and 20 December in each calendar year, during the
                                                   term of the Notes, ending on 20 September 2030
Issue Date                                         30 January 2024
Date Convention                                    Following
ISIN No.                                           ZAG000202748
Additional Information                             Unsubordinated Unsecured



26 January 2024

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.