Wrap Text
New Financial instrument Listings: ASC287/ASC288
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: ASC287
ISIN No: ZAG000218512
Bond Code: ASC288
ISIN No: ZAG000218520
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED "ASC287 and ASC288" 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 R69,435,261,454. (Including these tranches)
Full Note details are as follows:
Instrument Type Credit Linked Note
Stock Code ASC287
Nominal Issued ZAR100,000,000.00
Issue Price 100%
Coupon 3 Month JIBAR plus 350 basis points (or 3.50%) until 31 July 2030
Fixed Interest rate 10.15% per annum payable semi-annually on the Fixed Interest
Payment Dates until 31 July 2035, 10.35% per annum payable
semi-annually on the Fixed Interest Payment Dates until 31 July
2040.
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 31 January 2040
Last Day to Register 20 January, 19 April, 20 July and 20 October of each calendar year
until 31 July 2030, thereafter, each of 20 January and 20 July
Books Closed Period 21 January, 20 April, 21 July and 21 October of each calendar year
Until 31 July 2030, thereafter, each of 21 January and 21 July
Interest Payment Dates 31 January, 30 April, 31 July, and 31 October with the first Floating
Interest Payment Date being 31 October 2025 and ending on 31
July 2030 and fixed interest payment Dates being 31 January and
31 July of each calendar year during the term of the Notes, with the
first Fixed Interest Payment Date being 31 January 2031
Interest Rate Determination Dates 31 January, 30 April, 31 July, and 31 October in each calendar year,
ending on 30 April 2030
Issue Date 25 August 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Index Linked Note
Stock Code ASC288
Nominal Issued ZAR335,214,676.00
Issue Price 100%
Trade Type Price
Final Maturity Date 26 August 2030
Last Day to Register 15 August 2030
Books Closed Period 16 August 2030
Issue Date 25 August 2025
Date Convention Following
Additional Information Unsubordinated Unsecured
22 August 2025
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 22-08-2025 09:35:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
