Wrap Text
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
("FRB")
INTEREST RATE RESET ANNOUNCEMENT
FRC37 8.450% p.a. (285bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC40 8.400% p.a. (280bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC57 7.150% p.a. (155bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC67 8.560% p.a. (296bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC68 8.650% p.a. (305bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC73 6.210% p.a. (61bps over 3 month Jibar of 5.600%) for the period
20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
FRC75 8.370% p.a. (277bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC81 10.300% p.a. (470bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC83 7.400% p.a. (180bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC84 8.500% p.a. (290bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC85 11.250% p.a. (565bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC86 9.980% p.a. (438bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC87 9.600% p.a. (400bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC88 6.450% p.a. (85bps over 3 month Jibar of 5.600%) for the period
20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC89 6.400% p.a. (80bps over 3 month Jibar of 5.600%) for the period
20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC90 6.300% p.a. (70bps over 3 month Jibar of 5.600%) for the period
20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC91 6.310% p.a. (71bps over 3 month Jibar of 5.600%) for the period
20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC92 6.350% p.a. (75bps over 3 month Jibar of 5.600%) for the period
20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC93 6.450% p.a. (85bps over 3 month Jibar of 5.600%) for the period
20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC94 8.230% p.a. (263bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC96 8.220% p.a. (262bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC97 9.600% p.a. (400bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC104 8.050% p.a. (245bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC103 12.750% p.a. (715bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC109 9.100% p.a. (350bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC112 7.800% p.a. (220bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC113 8.620% p.a. (302bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
FRC114 10.000% p.a. (440bps over 3 month Jibar of 5.600%) for the
period 20 June 2012 to 19 September 2012, payable on
20 September 2012 (Modified following*)
Next reset: 20 September 2012
JIBAR rates as at 20 June 2012: 3 Month 5.600%
* 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 bond:
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.
26 June 2012
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 26/06/2012 15:45:02 Supplied by www.sharenet.co.za
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