• Nedbank priced a ZARONIA-linked floating rate note issuance of ZAR 2.997 billion under its R75 billion domestic medium-term note programme.
• The instrument, code NGT118, is subordinated, unsecured Additional Tier 1 debt with a perpetual maturity.
• The note pays Compounded Daily ZARONIA with a 5-business-day lookback, set at a 2% margin.
• Settlement is set for Aug. 12, 2026, with an optional redemption date of Aug. 13, 2031.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nedbank Group Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S525359), on August 11, 2026, and is solely responsible for the information contained therein.