BIRP - Real People Investment Holdings (Proprietary) Limited - Interest Rate
JSE
BIRP
BIRP - Real People Investment Holdings (Proprietary) Limited - Interest Rate
Reset Announcement
Real People Investment Holdings (Proprietary) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1999/020093/07)
Bond Issuer Code: BIRP
("Real People")
INTEREST RATE RESET ANNOUNCEMENT
RPG02 8.60% p.a. (300bps over 3 month Jibar of 5.6%) for the period 25
May 2012 to 26 August 2012, payable on 27 August 2012 (Modified
Following*)
Next reset: 27 August 2012
RP004 10.850% p.a. (525bps over 3 month Jibar of 5.60%) for the period
25 May 2012 to 26 August 2012, payable on 27 August 2012 (Modified
Following*)
Next reset: 27 August 2012
JIBAR rates as at 25 May 2012: 3 Month Jibar 5.60%
* When the Interest Payment Date falls on a non business day one of the
following Date Convention 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.
28 May 2012
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 28/05/2012 11:52:01 Produced by the JSE SENS Department.
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