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New Financial Instrument Listing – NGL08 – 01 July 2020


                            

New Financial Instrument Listing – NGL08 – 01 July 2020

NEDBANK GROUP LIMITED
Reg No 1966/010630/06
Incorporated in the Republic of South Africa

JSE Code: NGL08
ISIN No: ZAG000169145

New Listing of Nedbank Group Limited Floating Rate Note Callable

The JSE Limited has granted a listing to NEDBANK GROUP LIMITED on
the Interest Rate Market with effect from 01 July 2020 under its
Domestic Medium Term Note Programme.

Authorised Programme size R 25,000,000,000.00
Total Notes Outstanding R 20,407,000,000.00 (including
this issuance)

Bond Code NGL08
Nominal Issued R 2,050,000,000
Issue Price 100%
Coupon 7.767% (3 Month JIBAR as at 26
Jun 2020 of 3.917 % plus 385bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 2 July 2030
Books Close Date 28 December, 28 March, 27 June,
27 September
Interest Payment Date(s) 2 January, 2 April, 2 July, 2
October
Last Day to Register By 17:00 on 27 December, 27
March, 26 June, 26 September
Issue Date 1 July 2020
Date Convention Modified Following
Interest Commencement Date 1 July 2020
First Interest Payment Date 2 October 2020
Early Redemption Date (Call) 2 July 2025
ISIN No. ZAG000169145
Additional Information Subordinate, Unsecured, Second
Tier – Under DMTN
Additional Terms and Conditions N/A
Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2020/NGL
08%20PricingSupllement0107.pdf

Securities Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.

Date 30 June 2020

Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 30-06-2020 03:03:00
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