Enhanced Investments - Financial Portal

New Financial Instruments Listing - ASN916; ASN917; ASN918 and ASN919

Published: 2022-09-15 18:30:31 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: ASN916
ISIN No: ZAG000189903
Bond Code: ASN917
ISIN No: ZAG000189911
Bond Code: ASN918
ISIN No: ZAG000190026
Bond Code: ASN919
ISIN No: ZAG000190034

NEW FINANCIAL INSTRUMENTS LISTING

The JSE Limited has granted financial instrument listings to ABSA BANK LIMITED “ASN916; ASN917; ASN918 and
ASN919” notes under its Master Structured Note Programme Memorandum. Copies of the Master Structured Note
Programme and Pricing Supplements are available on the issuer’s website at
https://www.absa.africa/absaafrica/investor-relations/debt-investors/

Authorised Programme size                            R60,000,000,000.00

Total Notes in issue                                 R42,702,027,424.22 (Including both tranches)



Full Note details are as follows:

Instrument Type                                      Mixed Rate Note
Bond Code                                            ASN916
Nominal Issued                                       R50,000,000.00
Issue Price                                          100%
Coupon                                               3 Month JIBAR plus 320bps from the Issue date up to, but
                                                     excluding 31st August 2027 (Maximum Interest Rate: 11.55%),
                                                     and 11.15% per annum from 31 August 2027 to the maturity date
                                                     (payable 28th February and 31st August)
Coupon Rate Indicator                                Floating
Trade Type                                           Price
Final Maturity Date                                  28 February 2035
Books Close Date                                     18 February, 21 May, 21 August, 20 November
Interest Payment/ Determination Date(s)              28 February, 31 May, 31 August, 30 November
Last Day to Register                                 By 17:00 on 17 February, 20 May, 20 August, 19 November
Issue Date                                           16 September 2022
Date Convention                                      Following
First Interest Commencement/Determination Date       16 September 2022
First Interest Payment Date                          30 November 2022
Call / Step Up Date                                  31 August 2027; 31 August 2028; 31 August 2029;
                                                     31 August 2030; 31 August 2031; 31 August 2032;
                                                     31 August 2033; 31 August 2034
ISIN No.                                             ZAG000189903
Additional Information                               Unsubordinated Unsecured
Full Note details are as follows:

Instrument Type                                  Mixed Rate Note
Bond Code                                        ASN917
Nominal Issued                                   R50,000,000.00
Issue Price                                      100%
Coupon                                           3 Month JIBAR plus 300bps from the Issue date up to, but
                                                 excluding 31st August 2027 (Maximum Interest Rate: 11.35%),
                                                 and 11.37% per annum from 31 August 2027 to the maturity date
                                                 (payable 28th February and 31st August)
Coupon Rate Indicator                            Floating
Trade Type                                       Price
Final Maturity Date                              28 February 2035
Books Close Date                                 18 February, 21 May, 21 August, 20 November
Interest Payment/ Determination Date(s)          28 February, 31 May, 31 August, 30 November
Last Day to Register                             By 17:00 on 17 February, 20 May, 20 August, 19 November
Issue Date                                       16 September 2022
Date Convention                                  Following
First Interest Commencement/Determination Date   16 September 2022
First Interest Payment Date                      30 November 2022
Call / Step Up Date                              31 August 2027; 31 August 2028; 31 August 2029;
                                                 31 August 2030; 31 August 2031; 31 August 2032;
                                                 31 August 2033; 31 August 2034
ISIN No.                                         ZAG000189911
Additional Information                           Unsubordinated Unsecured



Full Note details are as follows:

Instrument Type                                  Mixed Rate Note
Bond Code                                        ASN918
Nominal Issued                                   R90,000,000.00
Issue Price                                      100%
Coupon                                           3 Month JIBAR plus 310bps from the Issue date up to, but
                                                 excluding 31st August 2027 (Maximum Interest Rate: 11.25%),
                                                 and 11.25% per annum from 31 August 2027 to the maturity date
                                                 (payable 28th February and 31st August)
Coupon Rate Indicator                            Floating
Trade Type                                       Price
Final Maturity Date                              28 February 2035
Books Close Date                                 18 February, 21 May, 21 August, 20 November
Interest Payment/ Determination Date(s)          28 February, 31 May, 31 August, 30 November
Last Day to Register                             By 17:00 on 17 February, 20 May, 20 August, 19 November
Issue Date                                       20 September 2022
Date Convention                                  Following
First Interest Commencement/Determination Date   20 September 2022
First Interest Payment Date                      30 November 2022
Call / Step Up Date                              31 August 2027; 31 August 2028; 31 August 2029;
                                                 31 August 2030; 31 August 2031; 31 August 2032;
                                                 31 August 2033; 31 August 2034
ISIN No.                                         ZAG000190026
Additional Information                           Unsubordinated Unsecured



Full Note details are as follows:

Instrument Type                                  Mixed Rate Note
Bond Code                                        ASN919
Nominal Issued                                   R90,000,000.00
Issue Price                                      100%
Coupon                                           3 Month JIBAR plus 325bps from the Issue date up to, but
                                                 excluding 31st August 2027 (Maximum Interest Rate: 11.40%),
                                                 and 11.00% per annum from 31 August 2027 to the maturity date
                                                 (payable 28th February and 31st August)
Coupon Rate Indicator                            Floating
Trade Type                                       Price
Final Maturity Date                              28 February 2035
Books Close Date                                 18 February, 21 May, 21 August, 20 November
Interest Payment/ Determination Date(s)          28 February, 31 May, 31 August, 30 November
Last Day to Register                             By 17:00 on 17 February, 20 May, 20 August, 19 November
Issue Date                                       20 September 2022
Date Convention                                  Following
First Interest Commencement/Determination Date   20 September 2022
First Interest Payment Date                      30 November 2022
Call / Step Up Date                              31 August 2027; 31 August 2028; 31 August 2029;
                                                 31 August 2030; 31 August 2031; 31 August 2032;
                                                 31 August 2033; 31 August 2034
ISIN No.                                         ZAG000190034
Additional Information                           Unsubordinated Unsecured
15 September 2022

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.

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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.
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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.