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New Financial Instrument Listing Announcement – IBL344
Investec Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1969/004763/06)
Issuer code: BIINLP
LEI No: 549300RH5FFHO48FXT69
New Financial Instrument Listing Announcement – IBL344
Application has been made to the JSE Limited ("JSE") for the listing of ZAR80,000,000
(eighty million Rand) Senior Unsecured Mixed Rate Notes (stock code IBL344), under
Investec Bank Limited's Domestic Medium-Term Note and Preference Share Programme
dated 17 March 2021.
The IBL344 Notes will be issued to Noteholders on the date of listing being
19 January 2026 with effect from commencement of trade.
Salient features of the IBL344 Notes are listed below:
Issuer Investec Bank Limited
Instrument Senior Unsecured Notes
Issue Date 19 January 2026
Aggregate Nominal Amount ZAR80,000,000 (eighty million
Rand)
Nominal Amount per Note R1,000,000 (one million Rand) as at
the Issue Date
Interest Rate The Note will be
(a) Fixed Rate Notes for the period
from and including the Issue Date to
but excluding the Optional
Redemption Date (as adjusted in
accordance with the applicable
Business Day Convention) paying
7.27% naca; and
(b) Floating Rate Notes for the
period from and including the
Optional Redemption Date (as
adjusted in accordance with the
applicable Business Day
Convention) to but excluding the
Maturity Date paying the Reference
Rate plus a margin of 0.92%.
Optional Redemption Date 19 January 2027
Reference Rate Compounded Daily ZARONIA
(Lookback without Observation
Shift), as defined in, and determined
in accordance with the provisions of
Schedule 1 Screen Rate
Determination for Floating Rate
Notes Referencing Compounded
Daily ZARONIA (Lookback without
Observation Shift) of the Applicable
Pricing Supplement
Interest Determination Date the 5th (fifth) Johannesburg
Business Day (as defined in
Schedule 1 (Screen Rate
Determination for Floating Rate
Notes Referencing Compounded
Daily ZARONIA (Lookback without
Observation Shift) prior to (i) the
Issue Date; and (ii) each Interest
Payment Date
Maturity Date 19 January 2028 (as adjusted in
accordance with the applicable
Business Day Convention)
Issue price per Note 100%
Final Redemption Amount per Note The Nominal Amount per Note (plus
accrued unpaid interest, if any, up
to, but excluding, the Maturity Date)
Early Redemption Amount The aggregate outstanding Nominal
Amount (plus accrued interest, if
any, up to, but excluding, the
applicable Redemption Date)
Interest Commencement Date 19 January 2026
Books Close Dates The Register will (i) in relation to the
Fixed Rate Notes be closed on
18 January 2027 and (ii) in relation
to the Floating Rate Notes be closed
on 18 April 2027, 18 July 2027,
18 October 2027 and 18 January
2028 until the applicable
Redemption Date
Last Day to Register (i) In relation to the Fixed Rate
Notes 17 January 2027 and in
relation to the Floating Rate
Notes 17 April 2027, 17 July
2027, 17 October 2027 and
17 January 2028 or if such day
is not a Business Day, the
Business Day immediately
preceding any such date; or
(ii) the Business Day immediately
preceding the Closed Book
Dates.
Interest Payment Dates means (i) in relation to the Fixed
Rate Notes 19 January 2027 and (ii)
in relation to the Floating Rate
Notes 19 April 2027, 19 July 2027,
19 October 2027 and 19 January
2028 provided that, if any day is not
a Business Day, the Business Day
on which interest will be paid will be
determined in accordance with the
applicable Business Day
Convention.
Business Day Convention Modified Following Business Day
JSE Stock Code IBL344
ISIN ZAG000222159
Aggregate Nominal Amount of Notes Outstanding ZAR42,367,000,000.00
in the Series including this issuance but excluding
all other issuances on this Issue Date
The Pricing Supplement contains additional terms Condition 9.2.4 (Screen Rate
and conditions or changes to the terms and Determination including fallback
conditions as contained in the Programme definitions) shall not apply and the
Memorandum Interest Rate shall be determined in
accordance with Schedule 1.
Schedule 1 was inserted to provide
definitions and terms and conditions
relating to ZARONIA.
A new Condition 9.8 Bench Mark
Discontinuation was inserted as
Schedule 2.
Schedule 3 was inserted to highlight
additional risk factors relating to
ZARONIA.
Investors should study the Applicable Pricing Supplement for full details of the terms and
conditions applicable to these Notes which can be viewed or downloaded on the Issuer's
website: www.investec.com.
Date: 16 January 2026
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za
Date: 16-01-2026 03:15:00
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