| Tue 11 Oct 2011, 10:56 | | ABL13 - African Bank Limited - Listing of new financial instrument |
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JSE
BIABL
ABL13 - African Bank Limited - Listing of new financial instrument
African Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1975/002526/06)
Company code: BIABL
("African Bank")
LISTING OF NEW FINANCIAL INSTRUMENT
The JSE Limited has granted African Bank Limited the listing of its ABL13
Unsecured Floating Rate Notes, in terms of its ZAR15billion Domestic Medium
Term Note Programme dated 19 May 2011.
INSTRUMENT TYPE: ABL13
Total Notes in Issue: 11,782,000,000.00 prior to this
issuance or any other issuance taking place on
the same day of this issuance
Instrument Code: ABL13
Nominal Issued: R278,000,000.00
Issue Price: 100%
Interest Rate: 8.075% (3 month Jibar as at 06 October
2011 of 5.575% + 250bps)
Coupon Rate Indicator: Floating rate
Issue Date: 11 October 2011
Interest Commencement Date: 11 October 2011
Maturity Date: 11 October 2016
Last day to Register: By 17h00 on 31 December, 31 March, 30
June and 30 September of each year until
the Maturity Date
Books Close: 1 January, 1 April, 1 July and 1 October
in each year until the Maturity Date
Interest Payment Dates: 11 January, 11 April, 11 July and 11
October of each year occurring after 11
October 2011
ISIN: ZAG000089863
Business Day Convention: Following business day
The Notes will be immobilised in the Central Depository ("CSD") and
settlement will take place electronically in terms of JSE Rules.
11 October 2011
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 11/10/2011 10:56:35 Produced by the JSE SENS Department.
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