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
FRS48 5.900% p.a. (32.5bps over 3 month Jibar of 5.575%) for the period
14 July 2011 to 13 October 2011, payable on
14 October 2011 (Modified Following*)
Next reset: 14 October 2011
JIBAR rates as at 14 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 used instead.
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 16:31:01 Supplied by www.sharenet.co.za
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