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BIFR1 - FirstRand Bank Limited - Listing of New Financial Instruments

Release Date: 31/05/2012 17:42
Code(s): JSE
Wrap Text

BIFR1 - FirstRand Bank Limited - Listing of New Financial Instruments FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1929/001225/06) Company code: BIFR1 ("FRB") LISTING OF NEW FINANCIAL INSTRUMENTS The JSE Limited has granted FirstRand Bank Limited the listing of its FRS69 Non- standard Structured Note, in terms of its ZAR30,000,000,000 Note Programme dated 29 November 2011. INSTRUMENT TYPE: Structured Notes Total Notes in Issue: R 2,403,720,000.00 Instrument Code: FRS69 Nominal Issued: R 5,000,000.00 Issue Price: 100% Interest Rate: 10.68% (3 month JIBAR as at 31 May 2012 Of 5.6% + 485 basis points) Coupon Rate Indicator: Floating rate Issue Date: 31 May 2012 Interest Commencement Date: 31 May 2012 First Interest Date: 31 August 2012 Scheduled Termination Date: 31 May 2017 Last day to Register: By 17h00 on 25 August, 24 November 22 February and 25 May in each year
Until the Maturity Date Books Close: 26 August, 25 November, 23 February And 26 May in each year until the Maturity Date
Interest Payment Dates: 31 August, 30 November, 28 February And 31 May 2013 in each year until The Maturity Date ISIN: ZAG000095829 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. 31 May 2012 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 31/05/2012 17:42:01 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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