Nedbank lists R200 million notes: Nedbank stock yields 7.20 percent

Published on 10/18/2026 at 13:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nedbank issues two notes on October 16, 2026. Nedbank stock posted 15.00 percent H1 return on equity, with CET1 at 12.60 percent.

Funding and earnings calendar

A filing dated October 16, 2026, shows a ZAR 200.0 million Nedbank note issue.
First-half 2026 revenue reached ZAR 38.24 billion, up 6.30 percent year over year.
Nedbank Group is scheduled to report fiscal year 2026 results on March 2, 2027.

Nedbank, ZAE000004875, Illustration mit AI erstellt.

Nedbank Group (ISIN ZAE000004875) is preparing a ZAR 200.0 million senior unsecured note for issue on October 19, 2026, adding a fresh funding detail for investors. The filing dated October 16, 2026, gives the instrument a maturity date of December 20, 2033 and an issue price of 100 percent, according to Moneyweb.

Funding reaches the capital markets

The note is linked to the FTSE/JSE All Bond Index and sits within Nedbank's Structured Note Programme. The authorized program size is ZAR 120.0 billion, while the total amount in issue after this transaction is ZAR 69.85 billion, figures stated in the October 16 filing.

A separate filing dated October 15, 2026, described two additional senior unsecured notes with combined nominal issuance of ZAR 75.0 million and issue dates of October 16, 2026. Those instruments carry floating-rate terms linked to compounded daily ZARONIA, including margins of 2.65 percent and 2.30 percent, according to Moneyweb.

Three dates show the strategy

On January 21, 2026, Nedbank announced an offer to acquire about 66 percent of NCBA's publicly listed shares, as stated on Nedbank's investor-relations page. On August 4, 2026, first-half revenue rose 6.30 percent to ZAR 38.24 billion, while return on equity was 15.00 percent and the CET1 ratio was 12.60 percent, according to Stock Sentinel. The October 16, 2026, ZAR 200.0 million note completes the three-event sequence.

What does funding mean for returns?

The first-half figures show the balance between growth and resilience. Revenue increased 6.30 percent year over year, but headline earnings were ZAR 8.41 billion, only 0.10 percent above the prior-year figure because of the ETI base effect. Excluding that effect, earnings rose 12.00 percent. The 15.00 percent return on equity remained above the bank's 14.00 percent cost of equity, while the 12.60 percent CET1 ratio provided a capital cushion.

Next reporting date

Nedbank Group is scheduled to report fiscal year 2026 results on March 2, 2027, according to Simply Wall St. The South African listing was last quoted at ZAc 28,868.00 on the JSE on October 16, 2026, at 5:08 p.m. SAST, and its 52-week range was ZAc 23,079.00 to ZAc 31,839.00.

Stock context for investors

The funding activity adds debt-market information to a bank story otherwise defined by first-half operating performance and the NCBA expansion plan. For investors, the key comparison is between the 6.30 percent revenue increase and the 0.10 percent headline-earnings increase, with credit quality and capital discipline remaining central to the next results cycle.

The further course of trading is shown by the continuously updated real-time quote of Nedbank stock.