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ABSA BANK LIMITED - ASN146 and ASN147 - Interest Rate Reset

Release Date: 16/02/2017 08:00
Code(s): ASN146 ASN147     PDF:  
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ASN146 and ASN147 - Interest Rate Reset

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)
Bond Code: ASN146
ISIN No: ZAG000135971
Bond Code: ASN147
ISIN No: ZAG000135948

INTEREST RATE RESETS

Notice is hereby given that the 3 month JIBAR rate as at 06 February 2017 is 7.35% p.a. (“JIBAR”).

Accordingly, the next interest payment, payable on 04 May 2017 (*Following), for the period 06 February
2017 to 03 May 2017, will be calculated based on the following rates

ASN146             9.55% p.a. (220bps over JIBAR, with a maximum rate applicable of 11.648%); and

ASN147             9.55% p.a. (220bps over JIBAR, with a maximum rate applicable of 10.97%).

* When the Interest Payment Date falls on a non business day, such Interest Payment Date shall be
postponed to the next business day.

Next reset date: 04 May 2017.

16 February 2017

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited 

Date: 16/02/2017 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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