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AFRICAN BANK LIMITED - ABKI03 ABKS1 - Interest Payment Notifications

Release Date: 01/10/2019 08:00
Code(s): ABKI03 ABKS1     PDF:  
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ABKI03 ABKS1 - Interest Payment Notifications

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond code: ABKI03 ISIN: ZAG000134560
Bond code: ABKS1      ISIN: ZAG000134412
(“African Bank”)

INTEREST PAYMENT NOTIFICATIONS

Bondholders are advised of the following interest payment due 4 October 2019:

Bond code:                  ABKS1
ISIN:                       ZAG000134412
Coupon:                     14.275%
Interest amount due:        ZAR 53 431 520.55
Interest period:            4 July 2019 to 3 October 2019
Payment date:               4 October 2019
Date Convention:            Modified Following Business Day


Bondholders are advised of the following interest payment due 14 October 2019:

Bond code:                  ABKI03
ISIN:                       ZAG000134560
Fixed coupon rate:          3.200%
Rate for the period:        1.600%
Reference CPI:              112.56774
Base CPI:                   79.92799
Applicable formula:         (Nominal Amount x CPI Adjustment x Interest Rate) / 2, where:
                            - CPI Adjustment = Reference CPI / Base CPI; and
                            - Ref CPIDate = Ref CPIJ + (t – 1 / D) x (Ref CPIJ+1 – Ref CPIJ),
                            all of the above terms as defined in the applicable pricing
                            supplement
Interest amount due:        ZAR 36 054 130.02
Payment date:               14 October 2019
Date Convention:            Modified Following Business Day
URL:                        https://www.africanbank.co.za/en/home/corporate-info-
                            debt-investor-info, by selecting 2016 under “Funding
                            overview” to access the relevant pricing supplement



1 October 2019

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 01/10/2019 08:00:00
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