| Mon 19 May 2014, 13:06 | | SA SECURITISATION PROGR (RF) LTD - SASP interest rate reset |
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ERS3A8 ERS3B2 ERS3B3 ERS3C2 ERS3C3 ERSA11 ERSA12 ERSA14 ERSA15 ERSA16 ERSA17 201405190036A
SASP interest rate reset
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
ERS3A8 8.300% p.a. (250 bps over 3 month Jibar of 5.800%) for the
period 17 May 2014 to 16 August 2014, payable on 18
August 2014
Next reset: 17 August 2014
ERSA11 7.100% p.a. (130 bps over 3 month Jibar of 5.800%) for the
period 17 May 2014 to 16 August 2014, payable on 18
August 2014
Next reset: 17 August 2014
ERSA12 7.300% p.a. (150 bps over 3 month Jibar of 5.800%) for the
period 17 May 2014 to 16 August 2014, payable on 18
August 2014
Next reset: 17 August 2014
ERS3A14 7.000% p.a. (120 bps over 3 month Jibar of 5.800%) for the
period 17 May 2014 to 16 August 2014, payable on 18
August 2014
Next reset: 17 August 2014
ERS3A15 7.300% p.a. (150 bps over 3 month Jibar of 5.800%) for the
period 17 May 2014 to 16 August 2014, payable on 18
August 2014
Next reset: 17 August 2014
ERSA16 6.940% p.a. (114 bps over 3 month Jibar of 5.800%) for the
period 17 May 2014 to 16 August 2014, payable on 18
August 2014
Next reset: 17 August 2014
ERSA17 7.190% p.a. (139 bps over 3 month Jibar of 5.800%) for the
period 17 May 2014 to 16 August 2014, payable on 18
August 2014
Next reset: 17 August 2014
ERS3B2 7.650% p.a. (185 bps over 3 month Jibar of 5.800%) for the
period 17 May 2014 to 16 August 2014, payable on 18
August 2014
Next reset: 17 August 2014
ERS3B3 7.550% p.a. (175 bps over 3 month Jibar of 5.800%) for the
period 17 May 2014 to 16 August 2014, payable on 18
August 2014
Next reset: 17 August 2014
ERS3C2 8.450% p.a. (265 bps over 3 month Jibar of 5.800%) for the
period 17 May 2014 to 16 August 2014, payable on 18
August 2014
Next reset: 17 August 2014
ERS3C3 8.300% p.a. (250 bps over 3 month Jibar of 5.800%) for the
period 17 May 2014 to 16 August 2014, payable on 18
August 2014
Next reset: 17 August 2014
JIBAR rates as at 19 May 2014:
3 Month 5.800%
* 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. Dhesegan Govender (Sasfin Bank Limited) (011) 809 7532
Waverley
19 May 2014
Sponsor
Sasfin Bank Limited
Date: 19/05/2014 01:06:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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