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FIRSTRAND BANK LIMITED - Interest Rate Reset - FRB11 FRC158

Release Date: 12/06/2013 09:15
Code(s): FRC158 FRB11     PDF:  
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Interest Rate Reset - FRB11 FRC158

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN FRB11: ZAG000102054
ISIN FRC158:ZAG000101981
(“FRB”)


INTEREST RATE RESET ANNOUNCEMENT

FRB11          8.025% p.a. (2.900% over 3 month Jibar of 5.125%)
               for the period 11 June 2013 to 10 September 2013,
               payable on 11 September 2013 (Modified Following*)
               Next reset: 11 September 2013
FRC158         5.975% p.a. (0.850% over 3 month Jibar of 5.125%)
               for the period 11 June 2013 to 10 September 2013,
               payable on 11 September 2013 (Modified Following*)
               Next reset: 11 September 2013

JIBAR rates as at 11 June 2013: 3 Month 5.125%

*When the Interest Payment Date falls on a non business day one of
the following Date Convention 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.


12 June 2013

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

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