ABSA Bank Lists New Financial Instrument on Johannesburg Stock Exchange

Strategic Insights -

ABSA Bank Limited has expanded its offerings in the specialist securities market with the listing of the "AMB515" notes on the Johannesburg Stock Exchange. This move comes as part of the bank's strategy to diversify its investment product line and provide investors with more options linked to equity indices. The "AMB515" notes are equity-linked notes with a total authorized programme size of R80.00 billion and are linked to the S and P QVM 40 index. The issue size for this tranche is 133,599 notes, each priced at ZAR 1,000.

Key Takeaways:

  • ABSA Bank Limited has listed a new financial instrument, the "AMB515" notes, on the Johannesburg Stock Exchange (JSE) as part of its Master Structured Note Programme Memorandum.
  • The "AMB515" notes are equity-linked notes with a total authorized programme size of R80.00 billion and are linked to the S and P QVM 40 index.
  • The issue size for this tranche is 133,599 notes, each priced at ZAR 1,000, with a total value of R1,337,595,000.
  • The notes are scheduled to mature on September 10, 2027.
  • The listing of this financial instrument is part of ABSA Bank's broader strategy to diversify its investment product offerings and provide investors with more options linked to equity indices.
  • The JSE long code for this new instrument is ABMBMB515-10September2027, with a short code of ABMBMB515 and an alpha code of AMB515.

Statistics:

  • Total authorized programme size: R80.00 billion
  • Total notes currently issued: R69.87 billion
  • Issue size: 133,599 notes
  • Value of each note: ZAR 1,000
  • Total value: R1,337,595,000

Sources:

  • ABSA Bank Limited, "Master Structured Note Programme Memorandum" (accessed on ABSA's official website)
  • Johannesburg Stock Exchange (JSE), "ABS515 notes listed on JSE" (September 09, 2025)