ABSA Bank Limited Lists New Financial Instruments on Johannesburg Stock Exchange

Strategic Insights -

The Johannesburg Stock Exchange (JSE) has approved the listing of new financial instruments, "AMB496" and "AMB497" notes, issued by ABSA Bank Limited. These index-linked notes are part of the bank's Master Structured Note Programme, with a total authorized program size of R80,000,000,000.00. The notes are linked to the BNP Paribas Multi-Asset Global Diversified Index and have a maturity date of June 25, 2030.

Key Takeaways:

  • ABSA Bank Limited has listed new financial instruments, "AMB496" and "AMB497" notes, on the Johannesburg Stock Exchange (JSE).
  • The notes are index-linked to the BNP Paribas Multi-Asset Global Diversified Index (Bloomberg Ticker: BNPIMCD5 Index).
  • The authorized program size for the Master Structured Note Programme is R80,000,000,000.00.
  • The total notes in issue, including the new tranches, is R 66,619,678,854.06.
  • The issue price for the notes is ZAR 1,000, and the maturity date is June 25, 2030.
  • The listing date for the notes is June 25, 2025.
  • The debt sponsor for the notes is Absa Corporate and Investment Bank, a division of Absa Bank Limited.
  • The notes are listed under the JSE Long Code ABMBMB496-25JUNE2030, JSE Short Code ABMBMB496, and JSE Alpha Code AMB496, with an ISIN of ZAE000349270.
  • The notes are also listed under the JSE Long Code ABMBMB497-25JUNE2030, JSE Short Code ABMBMB497, and JSE Alpha Code AMB497, with an ISIN of ZAE000349296.

Statistics:

  • Authorized program size: R80,000,000,000.00
  • Total notes in issue, including the new tranches: R 66,619,678,854.06
  • Issue size:

+ AMB496: 4,156

+ AMB497: 28,312

  • Issue price (ZAR): ZAR 1,000
  • Maturity date: June 25, 2030
  • Listing date: June 25, 2025
  • BNP Paribas Multi-Asset Global Diversified Index (Bloomberg Ticker: BNPIMCD5 Index)

Sources:

  • Johannesburg Stock Exchange
  • ABSA Bank Limited
  • BNP Paribas
  • Bloomberg