BNP Paribas Announces Redemption of ZAR35M Index-Linked Notes: Key Dates Revealed

  • BNP Paribas Issuance B.V. announces redemption of ZAR35 million Index-Linked Redemption Notes due on July 26, 2023.
  • Final redemption amount to be paid on July 26, 2023; rate to be announced on July 19, 2023.
  • Holders of BNP Paribas Arbitrage Issuance B.V. – ZA140 Index-Linked Redemption Notes advised of salient dates for the redemption process, including last date to trade, suspension date, record date, payment/redemption date, and termination date.
BNP Parisbas

BNP Paribas has revealed plans to redeem ZAR35 million worth of Index-Linked Redemption Notes. The announcement affects holders of the BNP Paribas Arbitrage Issuance B.V. – ZA140 Index-Linked Redemption Notes, who have been informed that the final redemption amount will be disbursed on July 26, 2023. The exact rate at which the redemption will occur is slated to be announced on July 19, 2023.

This redemption event follows a predetermined timeline, with specific dates that investors need to be aware of. The last date to trade the redemption notes is set for July 18, 2023. Subsequently, on July 19, 2023, trading of the notes will be suspended. The record date for determining eligible holders is scheduled for July 21, 2023. Finally, the payment and redemption date has been confirmed as July 26, 2023, followed by the termination of the notes on July 27, 2023.

The Standard Bank of South Africa Limited has been appointed as the debt sponsor for this redemption process. The bank will assist in ensuring the smooth execution of the redemption and facilitate the necessary transactions.

Index-linked redemption notes are financial instruments whose value is directly tied to the performance of an underlying index or benchmark. Investors who hold these notes have the opportunity to capitalize on the movements of the referenced index, thereby potentially increasing their returns.

Visited 1 times, 1 visit(s) today

Stay ahead in the financial world – Sign Up to Rateweb’s essential newsletter for free. Get the latest insights on business trends, tech innovations, and market movements, directly to your inbox. Join our community of savvy readers and never miss an update that could impact your financial decisions.

Do you have a news tip for Rateweb reporters? Please email us at


Personal Financial Tools

Below is a list of tools built to assist South Africans to make the best financial decisions:



South Africa’s primary source of financial tools and information

Contact Us


Rateweb strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions.

Rateweb is not a financial service provider and should in no way be seen as one. In compiling the articles for our website due caution was exercised in an attempt to gather information from reliable and accurate sources. The articles are of a general nature and do not purport to offer specialised and or personalised financial or investment advice. Neither the author, nor the publisher, will accept any responsibility for losses, omissions, errors, fortunes or misfortunes that may be suffered by any person that acts or refrains from acting as a result of these articles.