BIFR1 - FirstRand Bank Limited - Interest Rate Reset Announcement
JSE
FR1
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
FRC55 6.90% p.a. (130bps over 3 month Jibar of 5.600%) for the
period 11 April 2012 to 10 July 2012, payable on 11 July 2012
(Modified Following*)
Next reset: 11 July 2012
JIBAR rates as at 11 April 2012: 3 Month 5.600%
*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:
Following - This means that the interest will be paid on the first business
day after the weekend or public holiday.
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.
Preceding - This means that the interest will be paid on the last business day
before the weekend or public holiday.
11 April 2012
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 11/04/2012 15:08:00 Produced by the JSE SENS Department.
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