| Thu 22 Dec 2011, 10:06 | | BIFR1 - FirstRand Bank Limited - Interest rate reset announcement |
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JSE
BIFR1
BIFR1 - FirstRand Bank Limited - Interest rate reset announcement
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
("FRB")
INTEREST RATE RESET ANNOUNCEMENT
FRC37 8.435% p.a. (285bps over 3 month Jibar of 5.585%) for the
period 20 December 2011 to 19 March 2012, payable on
20 March 2012 (Modified following*)
Next reset: 20 March 2012
FRC40 8.385% p.a. (280bps over 3 month Jibar of 5.585%) for the
period 20 December 2011 to 19 March 2012, payable on
20 March 2012 (Modified following*)
Next reset: 20 March 2012
FRC57 7.135% p.a. (155bps over 3 month Jibar of 5.585%) for the
period 20 December 2011 to 19 March 2012, payable on
20 March 2012 (Modified following*)
Next reset: 20 March 2012
FRC67 8.545% p.a. (296bps over 3 month Jibar of 5.585%) for the
period 20 December 2011 to 19 March 2012, payable on
20 March 2012 (Modified following*)
Next reset: 20 March 2012
FRC68 8.635% p.a. (305bps over 3 month Jibar of 5.585%) for the
period 20 December 2011 to 19 March 2012, payable on
20 March 2012 (Modified following*)
Next reset: 20 March 2012
FRC73 6.195% p.a. (61bps over 3 month Jibar of 5.585%) for the
period 20 December 2011 to 19 March 2012, payable on
20 March 2012 (Modified following*)
Next reset: 20 March 2012
FRC81 10.285% p.a. (470bps over 3 month Jibar of 5.585%) for
the period 20 December 2011 to 19 March 2012, payable on
20 March 2012 (Modified following*)
Next reset: 20 March 2012
FRC83 7.385% p.a. (180bps over 3 month Jibar of 5.585%) for the
period 20 December 2011 to 19 March 2012, payable on
20 March 2012 (Modified following*)
Next reset: 20 March 2012
FRC84 8.485% p.a. (290bps over 3 month Jibar of 5.585%) for the
period 20 December 2011 to 19 March 2012, payable on
20 March 2012 (Modified following*)
Next reset: 20 March 2012
FRC85 11.235% p.a. (565bps over 3 month Jibar of 5.585%) for
the period 20 December 2011 to 19 March 2012, payable on
20 March 2012 (Modified following*)
Next reset: 20 March 2012
FRC86 9.965% p.a. (438bps over 3 month Jibar of 5.585%) for the
period 20 December 2011 to 19 March 2012, payable on
20 March 2012 (Modified following*)
Next reset: 20 March 2012
JIBAR rates as at 20 December 2011: 3 Month 5.585%
*When the interest payment date falls on a non business day, one of the
following date conventions will be applied, as specified for each individual
bond:
1. Following - This means that the interest will be paid on the first
business day after the weekend or public holiday.
2. Modified following - This means that the interest will be paid on the
first business day after the weekend or public holiday. However, if the
first business day after the weekend or public holiday falls in a new
calendar month the last business day before the weekend / public
holiday will be used instead.
3. Preceding - This means that the interest will be paid on the last
business day before the weekend or public holiday.
22 December 2011
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 22/12/2011 10:06:01 Produced by the JSE SENS Department.
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