SA SECURITISATION PROGR (RF) LTD - Interest Rate Reset

Interest Rate Reset

South African Securitisation Programme (RF) Limited – 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


ERSA12     7.592% p.a. (150 bps over 3 month Jibar of 6.092%) for the
           period 17 November 2014 to 16 February 2015, payable on 17
           February 2015
           Next reset: 17 February 2015

ERS3A14    7.292% p.a. (120 bps over 3 month Jibar of 6.092%) for the
           period 17 November 2014 to 16 February 2015, payable on 17
           February 2015
           Next reset: 17 February 2015

ERS3A15    7.592% p.a. (150 bps over 3 month Jibar of 6.092%) for the
           period 17 November 2014 to 16 February 2015, payable on 17
           February 2015
           Next reset: 17 February 2015

ERSA16     7.232% p.a. (114 bps over 3 month Jibar of 6.092%) for the
           period 17 November 2014 to 16 February 2015, payable on 17
           February 2015
           Next reset: 17 February 2015

ERSA17     7.482% p.a. (139 bps over 3 month Jibar of 6.092%) for the
           period 17 November 2014 to 16 February 2015, payable on 17
           February 2015
           Next reset: 17 February 2015

ERSA18     7.242% p.a. (115 bps over 3 month Jibar of 6.092%) for the
           period 17 November 2014 to 16 February 2015, payable on 17
           February 2015
           Next reset: 17 February 2015

ERSA19     7.142% p.a. (105 bps over 3 month Jibar of 6.092%) for the
           period 17 November 2014 to 16 February 2015, payable on 17
           February 2015
           Next reset: 17 February 2015
ERS3B4     7.942% p.a. (185 bps over 3 month Jibar of 6.092%) for the
           period 17 November 2014 to 16 February 2015, payable on 17
           February 2015
           Next reset: 17 February 2015

ERS3C4     8.442% p.a. (235 bps over 3 month Jibar of 6.092%) for the
           period 17 November 2014 to 16 February 2015, payable on 17
           February 2015
           Next reset: 17 February 2015



JIBAR rates as at 17 November 2014:
     3 Month 6.092%


* 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
17 November 2014

Sponsor
Sasfin Bank Limited

Date: 17/11/2014 12:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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