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
FRC46 7.950% p.a. (235bps over 3 month Jibar of 5.600%) for the period 11
June 2012 to 09 September 2012, payable on 10 September 2012
(Modified Following*)
Next reset: 10 September 2012
FRB08 6.30% p.a. (70bps over 3 month Jibar of 5.600%) for the period 11
June 2012 to 09 September 2012, payable on 10 September 2012
(Following*)
Next reset: 10 September 2012
FRB09 6.30% p.a. (70bps over 3 month Jibar of 5.600%) for the period 11
June 2012 to 09 September 2012, payable on 10 September 2012
(Following*)
Next reset: 10 September 2012
JIBAR rates as at 11 June 2012: 3 Month 5.600%
*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.
11 June 2012
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 11/06/2012 12:54:01 Produced by the JSE SENS Department.
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