SOUTH AFRICAN SECURITISATION PROGRAMME (RF) LIMITED - INTEREST RATE RESET

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

INSTRUMENT TYPE:            FLOATING RATE CALLABLE NOTE

Authorised Programme size       R 5,000,000,000.00
Total Notes Outstanding         R 1,265,000,000.00

Bond Code                SLRA4
Nominal Issued           R 125,000,000.00
Issue Price              R 125,000,000.00
Coupon                   5.425% (3 Month JIBAR as at 16 August 2021
                         of 3.675% plus 175 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      15 November 2025
Books Close Date(s)      5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register     By 17:00 on 4 February, 4 May, 4 August, 4
                         November
Date Convention          Following
Interest Commencement Date     16 August 2021
Next Interest Date       15 November 2021
Call / Step Up Date      15 November 2022
ISIN No.                 ZAG000148545

Bond Code                SLRA5
Nominal Issued           R 259,000,000.00
Issue Price              R 259,000,000.00
Coupon                   5,175% (3 Month JIBAR as at 16 August 2021
                         of 3.675% plus 150 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      15 November 2025
Books Close Date(s)      5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register     By 17:00 on 4 February, 4 May, 4 August, 4
                         November
Date Convention          Following
Interest Commencement Date    16 August 2021
Next Interest Date       15 November 2021
Call / Step Up Date      15 August 2022
ISIN No.                 ZAG000161456

Bond Code                SLRA6
Nominal Issued           R 357,000,000.00
Issue Price              R 357,000,000.00
Coupon                   5.625% (3 Month JIBAR as at 16 August 2021
                         of 3.675% plus 195 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      15 November 2025
Books Close Date(s)      5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register     By 17:00 on 4 February, 4 May, 4 August, 4
                         November
Date Convention          Following
Interest Commencement Date     16 August 2021
Next Interest Date       15 November 2021
Call / Step Up Date      15 November 2023
ISIN No.                 ZAG000172230

Bond Code                SLRB4
Nominal Issued           R 37,000,000.00
Issue Price              R 37,000,000.00
Coupon                   5.975% (3 Month JIBAR as at 16 August 2021
                         of 3.675% plus 230 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      15 November 2025
Books Close Date(s)      5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register     By 17:00 on 4 February, 4 May, 4 August, 4
                         November
Date Convention          Following
Interest Commencement Date     16 August 2021
Next Interest Date       15 November 2021
Call / Step Up Date     15 November 2022
ISIN No.                ZAG000148560

Bond Code                SLRB5
Nominal Issued           R 30,000,000.00
Issue Price              R 30,000,000.00
Coupon                   5.475% (3 Month JIBAR as at 16 August 2021
                         of 3.675% plus 180 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      15 November 2025
Books Close Date(s)      5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register     By 17:00 on 4 February, 4 May, 4 August, 4
                         November
Date Convention          Following
Interest Commencement Date     16 August 2021
Next Interest Date       15 November 2021
Call / Step Up Date      15 August 2022
ISIN No.                 ZAG000161449

Bond Code                SLRB6
Nominal Issued           R 31,000,000.00
Issue Price              R 31,000,000.00
Coupon                   5.975% (3 Month JIBAR as at 16 August 2021
                         of 3.675% plus 230 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      15 November 2025
Books Close Date(s)      5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register     By 17:00 on 4 February, 4 May, 4 August, 4
                         November
Date Convention          Following
Interest Commencement Date     16 August 2021
Next Interest Date       15 November 2021
Call / Step Up Date      15 November 2023
ISIN No.                 ZAG000172214

Bond Code               SLRC4
Nominal Issued          R 25,000,000.00
Issue Price              R 25,000,000.00
Coupon                   6.575% (3 Month JIBAR as at 16 August 2021
                         of 3.675% plus 290 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      15 November 2025
Books Close Date(s)      5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register     By 17:00 on 4 February, 4 May, 4 August, 4
                         November
Date Convention          Following
Interest Commencement Date     16 August 2021
Next Interest Date       15 November 2021
Call / Step Up Date      15 November 2022
ISIN No.                 ZAG000148586

Bond Code                SLRC5
Nominal Issued           R 35,000,000.00
Issue Price              R 35,000,000.00
Coupon                   5.675% (3 Month JIBAR as at 16 August 2021
                         of 3.675% plus 200 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      15 November 2025
Books Close Date(s)      5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register     By 17:00 on 4 February, 4 May, 4 August, 4
                         November
Date Convention          Following
Interest Commencement Date     16 August 2021
Next Interest Date       15 November 2021
Call / Step Up Date      15 August 2022
ISIN No.                 ZAG000161431

Bond Code               SLRC6
Nominal Issued          R 25,000,000.00
Issue Price             R 25,000,000.00
Coupon                  6.175% (3 Month JIBAR as at 16 August 2021
                        of 3.675% plus 250 bps)
Coupon Rate Indicator   Floating
Trade Type              Price
Final Maturity Date      15 November 2025
Books Close Date(s)      5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register     By 17:00 on 4 February, 4 May, 4 August, 4
                         November
Date Convention          Following
Interest Commencement Date    16 August 2021
Next Interest Date       15 November 2021
Call / Step Up Date      15 November 2023
ISIN No.                 ZAG000172222

Additional Information     Secured notes

The notes will be immobilised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of JSE
Rules.

For further information please contact:

Mr. Dhesegan Govender (Sasfin Bank Limited)   (011) 809 7892

Waverley
16 August 2021

Sponsor
Sasfin Bank Limited

Date: 16-08-2021 03:20:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.