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FIRSTRAND BANK LIMITED - New Instrument Listing

Release Date: 10/10/2012 16:50
Code(s): FRS79     PDF:  
Wrap Text
New Instrument Listing

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 FRS79 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 3,121,225,000.00


Instrument Code:              FRS79
Nominal Issued:               R 85,000,000.00
Issue Price:                  100%
Interest Rate:                12.8760% (3 month JIBAR as at 10 August
                              2012 of 5.075% plus 790.0960 bps)
Coupon Rate Indicator:        Floating rate
Issue Date:                   10 October 2012
Interest Commencement Date:   10 October 2012
First Interest Date:          8 November 2012
Scheduled Termination Date:   10 July 2017
Last day to Register:         By 17h00 on 5 January, 5 April, 5 July
                              and 5 October in each year until the
                              Maturity Date
Books Close:                  6 January, 6 April, 6 July and 6 October
                              In each year until the Maturity Date
Interest Payment Dates:       10 January, 10 April, 10 July and 10
                              October in each year until the Maturity
                              Date
ISIN:                         ZAG0000100397
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 October 2012

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

Date: 10/10/2012 04:50:00 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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