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ABSA BANK LIMITED - ASC409 - New Financial Instrument Listing

Release Date: 08/10/2026 12:00
Code(s): ASC409     PDF:  
Wrap Text
ASC409 - New Financial Instrument Listing

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: ASC409
ISIN No: ZAG000228891

NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted financial instrument listing to the ABSA BANK LIMITED “ASC409” note 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                       R120,000,000,000.00
Total Notes in issue                            R 92,027,554,038.59 (Including this tranche)

Full Note details are as follows:
Instrument Type                                 Credit Linked Floating Rate Note
Nominal Issued                                  ZAR50,000,0000,00
Issue Price                                     100%
Coupon Rate Indicator                           Floating
Trade Type                                      Price
Maturity Date                                   9 October 2028
Coupon                                          Compounded Daily ZARONIA plus 350 basis points (or 3.50%)
Last Day to Register                            17h00 on 8 January, 8 April, 8 July and 8 October in each calendar year,
                                                or if such day is not a Business Day, the Business Day before Interest
                                                Payment Date, until the Maturity Date
Interest Commencement Date                      Issue Date
Interest Payment Dates                          Floating Interest Payment Dates will commence on 9 January 2027,
                                                thereafter each of 9 January, 9 April, 9 July and 9 October in each
                                                calendar year, during the term of the Notes and ending on the Maturity
                                                Date, or if such day is not a Business Day, the Business Day on which
                                                interest will be paid, as determined in accordance with the Business Day
                                                Convention
Interest Rate Determination Dates               The 5th (fifth) Johannesburg Business Day (as defined in Schedule 1
                                                (Screen Rate Determination for Floating Rate Notes Referencing
                                                ZARONIA)) prior to each Interest Payment Date
Issue Date                                      9 October 2026
Date Convention                                 Modified Following
Status of Notes                                 Unsubordinated Unsecured
Additional Information                          For the purposes of the Tranche of Notes to which this Applicable Pricing
                                                Supplement applies, the provisions of Condition 6.2.6 (Benchmark
                                                Discontinuation) of the Terms and Conditions are deleted and replaced
                                                with the provisions as set out in Schedule 2 (Benchmark Discontinuation)
                                                of the Applicable Pricing Supplement and shall be deemed to be inserted
                                                into the Terms and Conditions.
8 October 2026

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 08/10/2026 12:00:00
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