BNP Paribas Secures Listing for ZAR 100 Million Index Securities on Johannesburg Stock Exchange

Strategic Insights -

BNP Paribas has achieved a significant milestone in the African financial market by successfully listing ZAR 100 million Index Securities on the Johannesburg Stock Exchange (JSE). This move brings the firm's total issued securities to ZAR 25.38 billion, solidifying its presence in the region. The listed securities, ZA399 Index Securities, are linked to the performance of two major indices, the Hang Seng Index and the Nikkei 225, and are priced at ZAR 1,000 per certificate.

Key Takeaways:

  • BNP Paribas has successfully listed ZAR 100 million Index Securities on the Johannesburg Stock Exchange (JSE) under its Note, Warrant and Certificate Programme.
  • The securities, identified as ZA399 Index Securities, are linked to the performance of the Hang Seng Index and the Nikkei 225 and are priced at ZAR 1,000 per certificate.
  • The total issued securities under the programme have reached ZAR 25.38 billion, indicating the firm's significant presence in the region.
  • The programme was initially dated May 27, 2025, and is read in conjunction with the JSE Placement Document from September 1, 2016.
  • The authorised programme has an unlimited size, allowing for further issuances.
  • The securities will mature on September 19, 2031, and will be terminated by September 22, 2031.
  • Key dates in the lifecycle of these securities include a finalisation date of August 12, 2031, a last trading day on September 15, 2031, and a suspension date on September 16, 2031.
  • The record date is slated for September 18, 2031, with maturity occurring the following day.

Statistics:

  • Total issued securities under the programme: ZAR 25.38 billion
  • Nominal value of the issued securities: ZAR 100 million
  • Priced at: ZAR 1,000 per certificate
  • Programme authorised size: Unlimited
  • Date of initial programme issuance: May 27, 2025
  • Date of JSE Placement Document: September 1, 2016
  • Maturity date: September 19, 2031
  • Termination date: September 22, 2031

Sources:

  • Johannesburg Stock Exchange (JSE)
  • BNP Paribas Issuance B.V.
  • Note, Warrant and Certificate Programme dated May 27, 2025
  • JSE Placement Document from September 1, 2016