Enhanced Investments - Financial Portal

New Financial Instruments Listing: ASC103 & ASC104

Published: 2024-03-05 18:30:29 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: ASC103
ISIN No: ZAG000203274
Bond Code: ASC0104
ISIN No: ZAG000203746


NEW FINANCIAL INSTRUMENTS LISTING

The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED “ASC103 and ASC104” 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                                 R56,044,838,409.37 (Including this tranche)

Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC103
Nominal Issued                                       ZAR100,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 317 basis points (or 3.17%)
Coupon Rate Indicator                                Floating
Trade Type                                           Price
Final Maturity Date                                  19 February 2031
Last Day to Register                                 by 17:00 on 08 February, 08 May, 08 August and 08 November
Books Closed Period                                  09 February, 09 May, 09 August and 09 November
Interest Payment Dates                               19 February, 19 May, 19 August and 19 November of each
                                                     calendar year, commencing on 19 May 2024 and ending on the
                                                     Maturity Date
Interest Rate Determination Dates                    19 February, 19 May, 19 August and 19 November commencing on
                                                     issue date and ending on 19 November 2030
Issue Date                                           19 February 2024
Date Convention                                      Following
ISIN No.                                             ZAG000203274
Additional Information                               Unsubordinated Unsecured



Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC104
Nominal Issued                                       ZAR50,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 215 basis points (or 2.15%)
Coupon Rate Indicator                                Floating
Trade Type                                           Price
Final Maturity Date                                07 March 2029
Last Day to Register                               by 17:00 on 24 February, 27 May, 27 August and 26 November
Books Closed Period                                25 February, 28 May, 28 August and 27 November
Interest Payment Dates                             07 March, 07 June, 07 September and 07 December
Interest Rate Determination Date(s)                07 March, 07 June, 07 September and 07 December in each
                                                   calendar year, commencing on issue date and ending on
                                                   07 December 2028
Issue Date                                         07 March 2024
Date Convention                                    Following
ISIN No.                                           ZAG000203746
Additional Information                             Unsubordinated Unsecured



05 March 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.