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New Financial Instrument Listing Announcement – IVC377
Investec Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1969/004763/06)
Issuer code: BIINLP
LEI No: 549300RH5FFHO48FXT69
New Financial Instrument Listing Announcement – IVC377
Application has been made to the JSE Limited (“JSE”) for the listing of R75,000,000 (seventy five
million Rand) senior unsecured floating rate credit linked single name Notes (stock code IVC377),
under Investec Bank Limited’s Credit Linked Note Programme dated 17 March 2021 (“Programme
Memorandum”).
The IVC377 Notes will be issued to Noteholders on the date of listing being with effect from
08 October 2026 at commencement of trade.
Salient features of the IVC377 Notes are listed below:
Issuer Investec Bank Limited
Principal Amount R1,000,000 per Note on the Issue
Date
Instrument Senior unsecured credit linked Notes
Issue Date 08 October 2026
Nominal Amount per Note R1,000,000
Interest Rate The Reference Rate plus a Margin, of
1.25%.
Scheduled Maturity Date 08 October 2029 (as adjusted in
accordance with the applicable
Business Day Convention).
Optional Redemption Date (Call) 08 October 2027 and 08 October 2028
(as adjusted in accordance with the
applicable Business Day Convention).
Issue price per Note 100%
Reference Rate Compounded Daily ZARONIA
(Lookback without Observation Shift),
as defined in, and determined in
accordance with the provisions of
Annex B (Screen Rate Determination
for Floating Rate Notes Referencing
Compounded Daily ZARONIA
(Lookback without Observation Shift))
of the Applicable Pricing Supplement.
Interest Rate Determination Date the 5th (fifth) Johannesburg Business
Day (as defined in Annex B (Screen
Rate Determination for Floating Rate
Notes Referencing Compounded Daily
ZARONIA (Lookback without
Observation Shift)) prior to (i) each
Interest Payment Date; and (ii) any
date on which the Notes are early
redeemed if not an Interest Payment
Date.
Early Redemption Amount per Note The outstanding Principal Amount per
Note plus accrued, unpaid interest (if
any) up to (but excluding) the date
fixed for Redemption, less Standard
Unwind Costs.
Final Redemption Amount per Note The aggregate outstanding Principal
Amount plus accrued unpaid interest (if
any) up to (but excluding) the date
fixed for Redemption.
Interest Commencement Date Issue Date
Last Day to Register The Last Day to Register will be the
day before any Relevant Date or, if
such day is not a Business Day, the
Business Day immediately preceding
any such Relevant Date.
Interest Payment Dates 08 January, 08 April, 08 July and 08
October until and including the
Scheduled Maturity Date, 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 the
Applicable Pricing Supplement).
Business Day Convention Modified Following Business Day
JSE Stock Code IVC377
ISIN ZAG000228685
Aggregate Nominal Amount of Notes Outstanding ZAR16,370,495,225 (sixteen billion
under the Programme after this issuance three hundred and seventy million four
hundred and ninety five thousand two
hundred and twenty five Rand)
The Pricing Supplement contains any additional Paragraph 6 (Interest Rate
terms and conditions or changes to the terms and Determination, Screen Rate
conditions as contained in the Programme Determination., ISDA Determination
Memorandum. including fallback definitions) of
Condition 6.2 (Interest on Floating
Rate Notes) shall not apply to the
Notes notwithstanding that Screen
Rate Determination is specified.
The manner in which the Interest Rate
shall be determined will be in
accordance with Annex B (Screen
Rate Determination for Floating Rate
Notes referencing Compounded Daily
ZARONIA (Lookback Without
Observation Shift)) of the Applicable
Pricing Supplement.
Investors should study the Applicable Pricing Supplement for full details of the terms and
conditions applicable to these Notes.
Date: 7 October 2026
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za
Date: 07/10/2026 02:00:00
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