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REAL PEOPLE INV HOLDINGS LTD - Interest rate reset-RPG01

Release Date: 02/12/2013 13:05
Code(s): RPG01     PDF:  
Wrap Text
Interest rate reset-RPG01

Real People Investment Holdings Limited

(Incorporated in the Republic of South Africa)

(Registration No. 1999/020093/06)

Bond Issuer Code: BIRP

ISIN: ZAG000084401

(“Real People”)





INTEREST RATE RESET ANNOUNCEMENT



RPG01          7.892% p.a. (2.700% over 3 month Jibar of 5.192%)

               for the period 29 November 2013 to 27 February

               2014, payable on 28 February 2014 (Modified

               Following*)

               Next reset: 28 February 2014



JIBAR rate as at 29 November 2013: 3 Month Jibar 5.192%





*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.





02 December 2013



Debt Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)


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