| Fri 15 Jun 2012, 15:53 | | BIFR1 - FirstRand Bank Limited - Interest Rate Reset Announcement |
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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
FRC77 12.465% p.a. (687bps over 3 month Jibar of 5.595%) for the
period 15 June 2012 to 16 September 2012, payable on
17 September 2012 (Modified following*)
Next reset: 17 September 2012
FRC78 12.655% p.a. (706bps over 3 month Jibar of 5.595%) for the
period 15 June 2012 to 16 September 2012, payable on
17 September 2012 (Modified following*)
Next reset: 17 September 2012
FRC79 11.045 p.a. (545bps over 3 month Jibar of 5.595%) for the period
15 June 2012 to 16 September 2012, payable on
17 September 2012 (Modified following*)
Next reset: 17 September 2012
FRC82 11.245% p.a. (565bps over 3 month Jibar of 5.595%) for the
period 15 June 2012 to 16 September 2012, payable on
17 September 2012 (Modified following*)
Next reset: 17 September 2012
FRC95 10.245% p.a. (465bps over 3 month Jibar of 5.595%) for the
period 15 June 2012 to 16 September 2012, payable on
17 September 2012 (Modified following*)
Next reset: 17 September 2012
FRC98 10.755% p.a. (516bps over 3 month Jibar of 5.595%) for the
period 15 June 2012 to 16 September 2012, payable on
17 September 2012 (Modified following*)
Next reset: 17 September 2012
FRC110 10.025% p.a. (443bps over 3 month Jibar of 5.595%) for the
period 15 June 2012 to 16 September 2012, payable on
17 September 2012 (Modified following*)
Next reset: 17 September 2012
FRC117 9.875% p.a. (428bps over 3 month Jibar of 5.595%) for the period
15 June 2012 to 16 September 2012, payable on
17 September 2012 (Modified following*)
Next reset: 17 September 2012
JIBAR rates as at 15 June 2012: 3 Month 5.595%
* 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.
15 June 2012
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 15/06/2012 15:53:02 Produced by the JSE SENS Department.
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