| Tue 22 May 2012, 14:24 | | BISASP - South African Securitisation Programme (RF) Limited - Interest Rate |
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BISASP
BISASP - South African Securitisation Programme (RF) Limited - Interest Rate
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South African Securitisation Programme (RF) Limited
(Registration No: 1991/002706/06)
Formerly called South African Securitisation Programme (Proprietary) Limited
(with registration number 1991/002706/07)
("South African Securitisation Programme")
Incorporated with limited liability in the Republic of South Africa
INTEREST RATE RESET ANNOUNCEMENT
ERSA10 6.650% p.a. (105 bps over 3 month Jibar of 5.600%) for the
period 17 May 2012 to 16 August 2012, payable on 17
August 2012 (Following*)
Next reset: 17 August 2012
ERSA11 6.900% p.a. (130 bps over 3 month Jibar of 5.600%) for the
period 17 May 2012 to 16 August 2012, payable on 17
August 2012 (Following*)
Next reset: 17 August 2012
ERSA12 7.100% p.a. (150 bps over 3 month Jibar of 5.600%) for the
period 17 May 2012 to 16 August 2012, payable on 17
August 2012 (Following*)
Next reset: 17 August 2012
ERSA13 6.680% p.a. (108 bps over 3 month Jibar of 5.600%) for the
period 17 May 2012 to 16 August 2012, payable on 17
August 2012 (Following*)
Next reset: 17 August 2012
ERS3A7 7.700% p.a. (210 bps over 3 month Jibar of 5.600%) for the
period 17 May 2012 to 16 August 2012, payable on 17
August 2012 (Following*)
Next reset: 17 August 2012
ERS3A8 8.100% p.a. (250 bps over 3 month Jibar of 5.600%) for the
period 17 May 2012 to 16 August 2012, payable on 17
August 2012 (Following*)
Next reset: 17 August 2012
ERS3B1 8.900% p.a. (330 bps over 3 month Jibar of 5.600%) for the
period 17 May 2012 to 16 August 2012, payable on 17
August 2012 (Following*)
Next reset: 17 August 2012
ERS3B2 7.450% p.a. (185 bps over 3 month Jibar of 5.600%) for the
period 17 May 2012 to 16 August 2012, payable on 17
August 2012 (Following*)
Next reset: 17 August 2012
ERS3C1 9.400% p.a. (380 bps over 3 month Jibar of 5.600%) for the
period 17 May 2012 to 16 August 2012, payable on 17
August 2012 (Following*)
Next reset: 17 August 2012
ERS3C2 8.250% p.a. (265 bps over 3 month Jibar of 5.600%) for the
period 17 May 2012 to 16 August 2012, payable on 17
August 2012 (Following*)
Next reset: 17 August 2012
JIBAR rates as at 17 May 2012:
1 Month 5.495%
3 Month 5.600%
6 Month 5.880%
* 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 - The same rule as above applies. 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.
For further information please contact:
Mr. Louis Dirker (Sasfin Bank Limited) (011) 809 7590
Waverley
17 May 2012
Sponsor
Sasfin Bank Limited
Date: 22/05/2012 14:24:01 Produced by the JSE SENS Department.
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