BNP Paribas Lists Hot Securities on JSE

  • BNP Paribas Issuance B.V. lists Credit and Index Securities on the JSE.
  • ZA302 Credit Securities provide exposure to credit-linked certificates on European risks with a maturity date of 4 July 2028.
  • ZA293 Index Securities offer a diversified asset portfolio and mature on 23 July 2029.
BNP Parisbas

BNP Paribas Issuance B.V. has made a significant move in the South African financial market by securing a listing for its Credit and Index Securities on the Johannesburg Stock Exchange (JSE). The listing, approved by the JSE Limited, is part of BNP Paribas’ broader Note, Warrant, and Certificate Programme initiated on 31 May 2023, which has seen steady growth since its inception. The successful listing marks an exciting development in the region’s investment landscape, unlocking new opportunities for local and international investors.

The two sets of securities listed on the JSE are the ZA302 Credit Securities and the ZA293 Index Securities. Both offerings are backed by BNP Paribas’ robust financial standing and designed to cater to diverse investor preferences and risk appetites.

Table 1: Overview of Listed Securities

Security CodeISIN CodeNominal Issued (ZAR)Issue Price (ZAR)Type of SecuritiesUnderlyingSettlement DateDeclaration DateLast Day to TradeSuspension DateEx-DateRecord DateMaturity Date
ZA302ZAE00032479480,000,0001,000Credit SecuritiesCredit Linked Certificates with principal and interest21 July 202312 June 202827 June 202828 June 202828 June 202830 June 202804 July 2028
ZA293ZAE000323507100,000,0001,000Index SecuritiesBNP Paribas Multi Asset Diversified 5 Index21 July 202303 July 202917 July 202918 July 202918 July 202920 July 202923 July 2029

The ZA302 Credit Securities, with a nominal value of ZAR 80,000,000, are characterized by their Credit Linked Certificates with principal and interest at risk on 13.33% to 26.67% of the ITRAXX EUROPE CROSSOVER SERIES 39 VERSION 1. Investors purchasing these securities will have exposure to a diverse set of credit risks in the European market. The Credit Securities carry a maturity date of 4 July 2028, providing investors with a defined investment horizon.

On the other hand, the ZA293 Index Securities, issued at a nominal value of ZAR 100,000,000, are based on the BNP Paribas Multi Asset Diversified 5 Index. This offering allows investors to participate in a portfolio of diversified assets, enhancing risk management and potential returns. The Index Securities are set to mature on 23 July 2029, presenting a longer-term investment opportunity.

BNP Paribas Arbitrage S.N.C. will act as the placement agent for both sets of securities, ensuring a smooth and efficient listing process. Settlement for these securities will take place electronically as per JSE Rules, streamlining the investment process for market participants.

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


Start trading with a free $30 bonus

Trade stocks, forex, commodities, metals and CFDs on stock indices with an internationally licensed and regulated broker. For all clients who open their first real account, XM offers a $30 trading bonus without any initial deposit needed. Learn more about how you can trade over 1000 instruments on the XM MT4 and MT5 platforms from your PC and Mac, or from a variety of mobile devices.


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.