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HOME OBLIGORS MORT ENH SEC PTY LTD - Interest Rate Resets-Homes

Release Date: 22/01/2014 16:39
Code(s): HMS1B8 HMS1C4 HMS1D4 HMS1E4     PDF:  
Wrap Text
Interest Rate Resets-Homes

HOME OBLIGORS MORTGAGE ENHANCED SECURITIES (PROPRIETARY) LIMITED
(Incorporated with limited liability in South Africa under registration number 2006/007171/07)
(“Homes”)


BOND CODES:                  ISIN CODES:
HMS1B8                       ZAG000079435
HMS1C4                       ZAG000079468
HMS1D4                       ZAG000079492
HMS1E4                       ZAG000079526


INTEREST RATE RE-SETS

Notice is hereby given that the 3 month JIBAR rate as at 20 January 2014 is 5.225% p.a. (“JIBAR”).

Accordingly, the next interest payment, due on 22 April 2014 (*Modified following), for the period

20 January 2014 to 21 April 2014, will be calculated based on the rates set out below:

 NOTE:                    RATE:
 HMS1B8                   6.875% p.a. (165bps over JIBAR)
 HMS1C4                   7.225% p.a. (200bps over JIBAR)
 HMS1D4                   7.675% p.a. (245bps over JIBAR)
 HMS1E4                   8.225% p.a. (300bps over JIBAR)

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

Next reset date: 22 April 2014.

22 January 2014

Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)

Date: 22/01/2014 04:39:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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