BIFR1 - FirstRand Bank Limited - Interest Rate Reset Announcement
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
INTEREST RATE RESET ANNOUNCEMENT
FRC36 7.575% p.a. (200bps over 3 month Jibar of 5.575%) for the period 13
July 2011 to 12 October 2011, payable on
13 October 2011(Modified Following*)
Next reset: 13 October 2011
JIBAR rates as at 13 July 2011: 3 Month 5.575%
*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
1 Following - This means that the interest will be paid on the first business
day after the weekend or public holiday.
2 Modified following - This means that the interest will be paid on the first
business day after the weekend or public holiday. 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
3 Preceding - This means that the interest will be paid on the last business
day before the weekend or public holiday.
14 July 2011
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 14/07/2011 16:30:01 Supplied by www.sharenet.co.za
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