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FIRSTRAND BANK LIMITED - Listing of New Financial Instrument

Release Date: 10/08/2012 13:17
Code(s): FRS78     PDF:  
Wrap Text
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 FRS78 Floating Rate Note, in terms of its ZAR30,000,000,000
Note Programme dated 29 November 2011.

INSTRUMENT TYPE:              Structured Notes
Total Notes in Issue:         R 2,901,725,000.00


Instrument Code:              FRS78
Nominal Issued:               R 10,000,000.00
Issue Price:                  100%
Interest Rate:                5.475% (3 month JIBAR as at 10 August
                              2012 of 5.075% plus 40 bps)
Coupon Rate Indicator:        Floating rate
Issue Date:                   10 August 2012
Interest Commencement Date:   10 August 2012
First Interest Date:          8 November 2012
Scheduled Termination Date:   8 August 2013
Last day to Register:         By 17h00 on 2 November 2012, 2 February
                              2013, 2 May 2013 and 2 August 2013
Books Close:                  3 November 2012, 3 February 2013, 3 May
                              2013 and 3 August 2013
Interest Payment Dates:       8 November 2012, 8 February 2013, 8 May
                              2013 and 8 August 2013
ISIN:                         ZAG000097916
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.


10 August 2012

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 10/08/2012 01:17:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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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,
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