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INVESTEC BANK LIMITED - New Financial Instrument Listing Announcement IBL390

Release Date: 26/10/2026 09:34
Code(s): IBL390     PDF:  
Wrap Text
New Financial Instrument Listing Announcement – IBL390

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 – IBL390

Application has been made to the JSE Limited (“JSE”) for the listing of ZAR100,000,000 (one hundred
million Rand) Senior Unsecured Mixed Rate Notes (stock code IBL390), under Investec Bank
Limited’s Domestic Medium-Term Note and Preference Share Programme dated
05 May 2026.

The IBL390 Notes will be issued to Noteholders on the date of listing being
28 October 2026 with effect from commencement of trade.

Salient features of the IBL390 Notes are listed below:

Issuer                                                      Investec Bank Limited

Instrument                                                  Senior Unsecured Notes

Issue Date                                                  28 October 2026


Aggregate Nominal Amount                                    ZAR100,000,000 (one hundred million
                                                            Rand)

Nominal Amount per Note                                     ZAR1,000,000 (one million Rand) as at
                                                            the Issue Date

Interest Rate                                               The Notes will be:

                                                            (a) Fixed Rate Notes for the period from
                                                            and including the Issue Date to but
                                                            excluding the Interest Payment Date of
                                                            28 October 2027 (as adjusted in
                                                            accordance     with    the    applicable
                                                            Business Day Convention), paying
                                                            8.28% naca; and

                                                            (b) Floating Rate Notes for the period
                                                            from and including the Interest Payment
                                                            Date of 28 October 2027 (as adjusted in
                                                            accordance     with    the    applicable
                                                            Business        Day         Convention)
                                                            to but excluding the Maturity Date,
                                                            paying the Reference Rate plus a
                                                            margin of 0.69%.

Optional Redemption Date                                    28 October 2027 (as adjusted in
                                                            accordance   with  the   applicable
                                                            Business Day Convention)

Optional Redemption Amount     							    The Nominal Amount per Note plus
                             							    accrued, unpaid interest, if any, up to,
                                  						    but   excluding,     the      applicable
                              							    Redemption Date less Unwind Costs (if
                                 							any)

Reference Rate                    							Compounded        Daily     ZARONIA
                                  							(Lookback without Observation Shift)

Interest Determination Date       							In respect of Floating Rate Notes, the
                                   							5th (fifth) Johannesburg Business Day
                                   							prior to each Interest Payment Date

Maturity Date                      							28 October 2028 (as adjusted in
                                   							accordance   with  the   applicable
                                   							Business Day Convention)

Issue price per Note               						    100%

Final Redemption Amount per Note   							The Nominal Amount per Note (plus
                                   							accrued unpaid interest, if any, up to,
                                   							but excluding, the Maturity Date)

Interest Commencement Date         							28 October 2026

Books Close Dates                  							Not applicable



Last Day to Register               							27 October 2027 for the Fixed Rate
                                   							Notes and 27 January 2028, 27 April
                                   							2028, 27 July 2028 and 27 October
                                   							2028 for the Floating Rate Notes, or if
                                   							any such day is not a Business Day, the
                                   							Business Day before each Payment
                                   							Date

Interest Payment Dates             							means in relation to the Fixed Rate
                                   							Notes as specified in item 49(ii)(a)
                                   							below, 28 October 2027 and thereafter
                                   							in relation to the Floating Rate Notes as
                                   							specified in item 49(ii)(b) below, 28
                                   							January 2028, 28 April 2028, 28 July
                                   							2028 and 28 October 2028 provided
                                   							that, if any such day is not a Business
                                   							Day, the Business Day on which
                                   							interest will be paid, will be as
                                   							determined in accordance with the
                                   							applicable Business Day Convention

Business Day Convention            							Modified Following Business Day

JSE Stock Code                     							IBL390

ISIN                               							ZAG000229899

Aggregate Nominal Amount of Notes Outstanding in the        ZAR43,042,000,000
Series including this issuance but excluding all other
issuances on this Issue Date

The Pricing Supplement does not contain additional
terms and conditions or changes to the terms and
conditions  as   contained  in   the   Programme
Memorandum


Investors should study the Applicable Pricing Supplement for full details of the terms and conditions
applicable to these Notes which can be viewed or downloaded on the Issuer's website:
www.investec.com.

Date: 26 October 2026

Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za
Date: 26/10/2026 09:34:00
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