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FIRSTRAND BANK LIMITED - Interest Rate Reset - FRS79

Release Date: 10/07/2013 13:20
Code(s): FRS79     PDF:  
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Interest Rate Reset - FRS79

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN: ZAG000100397
(“FRB”)


INTEREST RATE RESET ANNOUNCEMENT

FRS79          11.80453% p.a. (6.6545% over 3 month Jibar of
               5.150%) for the period 10 July 2013 to 9 October
               2013, payable on 10 October 2013 (Modified
               Following*)
               Next reset: 10 October 2013

JIBAR rates as at 10 July 2013: 3 Month 5.150%


*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.

10 July 2013

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

Date: 10/07/2013 01:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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