Enhanced Investments - Financial Portal

New Financial Instrument Listings: ASC111/ASC112

Published: 2024-04-09 15:05:35 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: ASC111
ISIN No: ZAG000204330
Bond Code: ASC112
ISIN No: ZAG000204397


NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED “ASC111 and ASC112” 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                                 R57,388,882,409.37 (Including this tranche)

Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC111
Nominal Issued                                       ZAR100,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 155 basis points (or 1.55%)
Coupon Rate Indicator                                Floating
Trade Type                                           Price
Final Maturity Date                                  10 April 2029
Last Day to Register                                 by 17:00 on 30 March, 29 June, 29 September and 30 December
Books Closed Period                                  31 March, 30 June, 30 September and 31 December
Interest Payment Dates                               10 January, 10 April, 10 July and 10 October of each year with the
                                                     first Floating Interest Payment Date being 10 July 2024 and ending
                                                     on the Maturity Date
Interest Rate Determination Dates                    10 July, 10 October, 10 January and 10 April in each calendar year,
                                                     during the term of the Notes, commencing on the Issue Date and
                                                     ending on 10 January 2029
Issue Date                                           10 April 2024
Date Convention                                      Following
ISIN No.                                             ZAG000204330
Additional Information                               Unsubordinated Unsecured



Full Note details are as follows:

Instrument Type                                      Credit Linked Note
Bond Code                                            ASC112
Nominal Issued                                       ZAR100,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 161 basis points (or 1.61%)
Coupon Rate Indicator                                Floating
Trade Type                                         Price
Final Maturity Date                                11 April 2029
Last Day to Register                               by 17:00 on 31 March, 30 June, 30 September and 31 December
Books Closed Period                                01 April, 01 July, 01 October and 01 January
Interest Payment Dates                             11 January, 11 April, 11 July and 11 October
Interest Rate Determination Dates                  11 January, 11 April, 11 July and 11 October in each calendar year,
                                                   during the term of the Notes and ending on 11 January 2029
Issue Date                                         11 April 2024
Date Convention                                    Following
ISIN No.                                           ZAG000204397
Additional Information                             Unsubordinated Unsecured



09 April 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.