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Investec Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1969/004763/06)
LEI No: 549300RH5FFHO48FXT69
JSE Warrant issuer code: INVS
JSE Interest rate issuer code: BIINLP
JSE Debt issuer code: INVD
JSE Structured product issuer code: INVP
JSE ETN issuer code: INVSN
New Financial Instrument Listing Announcement – IBL241
Application has been made to the JSE Limited (“JSE”) for the listing of R48,000,000 (forty
eight million Rand) senior unsecured mixed rate Notes (stock code IBL241), under Investec
Bank Limited’s Domestic Medium Term Note and Preference Share Programme, dated 17
March 2021.
The IBL241 Notes will be issued to Noteholders on the date of listing being 27 July 2022
with effect from commencement of trade.
Salient features of the IBL241 Notes are listed below:
Issuer Investec Bank Limited
Instrument Senior unsecured Notes
Issue Date 27 July 2022
Aggregate Nominal Amount of Tranche R48,000,000 (forty eight million
Rand)
Nominal Amount per Note R1,000,000 (one million Rand)
Interest Rate For the period from and including
the Issue Date to but excluding the
Interest Payment Date of 27 July
2023, the Reference Rate plus the
Margin;
For the period from and including
the Interest Payment Date of 27 July
2023 to but excluding the Maturity
Date, 9.15% nacq.
Margin 0.95% (zero point nine five percent)
Reference Rate The ZAR-JIBAR-SAFEX with a
Designated Maturity of 3 months
Interest Determination Date 27 July, 27 October, January and 27
April of each year
Maturity Date 27 January 2024
Issue price per Note 100%
Final Redemption Amount per Note The Nominal Amount per Note (plus
accrued unpaid interest, if any, to
the Maturity Date)
Interest Commencement Date 27 July 2022
Books Close Dates The Register will be closed 18 July
to 27 July, 18 October to 27
October, 18 January to 27 January
and 18 April to 27 April (all dates
inclusive) until the Applicable
Redemption Date, or 10 days prior
to any Payment Day
Last Day to Register 17 July, 17 October, 17 January and
17 April or if such day is not a
Business Day, the Business Day
before each Books Closed Period,
or the last Business Day
immediately preceding the
commencement of the Books
Closed Period
Interest Payment Dates means 27 July, 27 October, 27
January and 27 April provided that
the first Interest Payment Date shall
be on 27 October 2022. If any such
day is not a Business Day, the
Business Day on which interest will
be paid, as determined in
accordance with the applicable
Business Day Convention (as
specified in this Applicable Pricing
Supplement)
Business Day Convention Following Business Day
JSE Stock Code IBL241
ISIN ZAG000188509
Aggregate Nominal Amount of Notes Outstanding
in the Series including this issuance but R48,994,777,515 (forty eight billion
excluding all other issuances on this Issue Date nine hundred and ninety four
thousand seven hundred and
The Pricing Supplement does not contain any seventy seven thousand five
additional terms and conditions or changes to the hundred and fifteen Rand) including
terms and conditions as contained in the this Tranche of Notes but excluding
Programme Memorandum. all other Notes and Programme
Preference Shares issued on the
Issue Date
Investors should study the Applicable Pricing
Supplement for full details of the terms and
conditions applicable to these Notes.
Date: 26 July 2022
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za
