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BIFR1 - FirstRand Bank Limited - Listing of New Financial Instrument

Release Date: 19/07/2011 14:41
Code(s): JSE
Wrap Text

BIFR1 - FirstRand Bank Limited - Listing of New Financial Instrument FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1929/001225/06) Company code: BIFR1 ("FRB") LISTING OF NEW FINANCIAL INSTRUMENT The JSE Limited has granted FirstRand Bank Limited the listing of its FRS56 Floating Rate Notes, in terms of its ZAR30,000,000,000 Note Programme dated 24 August 2010. INSTRUMENT TYPE: Floating Rate Notes Total Notes in Issue: R 800,453,575.00 Instrument Code: FRS56 Nominal Issued: R 250,000,000.00 Issue Price: 100% Interest Rate: 7.655% (3 month Jibar as at 19 July 2011 of 5.575% + 208bps) subject to a maximum interest rate of 9.70% Coupon Rate Indicator: Floating Trade Type: Price Issue Date: 19 July 2011 Interest Commencement Date: 19 July 2011 Maturity Date: 19 July 2016 Last day to Register: By 17h00 on 12 October, 12 January, 12 April and 12 July of each year until the Maturity Date Books Close: 13 October, 13 January, 13 April and 13 July of each year until the Maturity Date
Interest Payment Dates: 19 October, 19 January, 19 April and 19 July of each year until the Maturity Date ISIN: ZAG000087271 Business Day Convention: Modified Following Business Day Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited The Notes will be immobilised in the Central Depository ("CSD") and settlement will take place electronically in terms of JSE Rules. 19 July 2011 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 19/07/2011 14:41:01 Supplied by www.sharenet.co.za 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.

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