---
title: "Absa Bank Lists AMB686 Index Linked Notes On JSE"
description: "Absa Bank Limited received JSE approval to list AMB686 index linked notes under its Master Structured Note Programme, priced at ZAR 1,000."
canonical_url: "https://liners.com/news/absa-amb686-index-linked-note-jse-listing"
markdown_url: "https://liners.com/news/absa-amb686-index-linked-note-jse-listing.md"
type: "article"
language: "en"
published_at: "2026-10-26T13:43:46.892Z"
updated_at: "2026-10-26T13:43:50.589Z"
---

# Absa Bank Lists AMB686 Index Linked Notes On JSE

Absa Bank Limited received JSE approval to list AMB686 index linked notes under its Master Structured Note Programme, priced at ZAR 1,000.

## Breadcrumbs

- [News](/news)
- [Absa Bank Lists AMB686 Index Linked Notes On JSE](/news/absa-amb686-index-linked-note-jse-listing)

## Content

## In Short

The instrument is an index linked note, tied to the S&P 500 Daily Risk Control 10% USD Excess Return Index.

The listing sits under Absa’s Master Structured Note Programme.

## What Happened: How Absa’s AMB686 Note Is Structured
The JSE Limited granted a financial instrument listing to Absa Bank Limited’s “AMB686” notes under its Master Structured Note Programme Memorandum.

The instrument type is an index linked note, meaning its performance is linked to a market index rather than paying a simple fixed or floating interest rate.

For AMB686, the referenced index is the S&P 500 Daily Risk Control 10% USD Excess Return Index (Bloomberg ticker: SPXT10UE Index).

The note has an ISIN of ZAE000371910. The JSE long code is ABMBMB686-28OCTOBER2031, and the JSE short code is ABMBMB686.

The authorised programme size is R120,000,000,000.00, and total notes in issue are R 94 419 953 038,59, including this tranche.

The pricing supplement contains changes to the terms and conditions in the placing document. These changes relate to Condition 9 titled “Taxation” and the definition of “Change in Law”.

## Why It Matters
JSE-listed structured notes like AMB686 create another on-exchange way for investors to access returns linked to global equity benchmarks, in this case an S&P 500 risk control index.

The note also shows continued use of bank note programmes to issue new tranches under a larger approved framework, with specific terms set out in a pricing supplement.

## Sources and products

- [Sharenet](https://www.sharenet.co.za/v3/sens_display.php?seq=36&tdate=20261023112800)
- [Absa](/absa)

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