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FIRSTRAND BANK LIMITED - New Instrument Listing-FRS101 and FRS102

Release Date: 21/01/2014 17:17
Code(s): FRS101 FRS102     PDF:  
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New Instrument Listing-FRS101 and FRS102

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN FRS102: ZAG000111782
ISIN FRS101: ZAG000111774

(“FRB”)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRS102 Floating Rate Structured Notes, in terms of its
ZAR30,000,000,000 Note Programme dated 29 November 2011.

INSTRUMENT TYPE:              Unsecured Structured Notes
Total Notes in Issue:         R4,970,064,928.00


Instrument Code:              FRS102
Nominal Issued:               R9,000,000.00
Issue Price:                  100.00%
Interest Rate:                6.405% (1.18% plus 3 month Jibar of
                              5.225%)
Coupon Rate Indicator:        Floating
Issue Date:                   21 January 2014
Interest Commencement Date:   21 January 2014
First Interest Date:          31 July 2014
Maturity Date:                21 January 2017
Last day to Register:         By 17:00 on 16 January, 16 April, 16
                              July and 16 October in each year until
                              maturity date
Books Close:                  17 January , 17 April, 17 July and 17
                              October in each year
                              until maturity
Interest Payment Dates:       21 January, 21 April,21 July , 21
                              October in each year until maturity
ISIN:                         ZAG000111782
Business Day Convention:      Following Business Day
LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRS101 Floating Rate Structured Notes, in terms of its
ZAR30,000,000,000 Note Programme dated 29 November 2011.

INSTRUMENT TYPE:              Unsecured Structured Notes
Total Notes in Issue:         R4,970,064,928.00


Instrument Code:              FRS101
Nominal Issued:               R20,000,000.00
Issue Price:                  95.85188%
Interest Rate:                7.475% (2.25% plus 3 month Jibar of
                              5.225%)
Coupon Rate Indicator:        Floating
Issue Date:                   21 January 2014
Interest Commencement Date:   31 January 2014
First Interest Date:          31 July 2014
Maturity Date:                31 January 2038
Last day to Register:         By 17:00 on 21 January and 21 July in
                              each year until maturity date
Books Close:                  22 January and 22 July in each year
                              until maturity
Interest Payment Dates:       31 January and 31 July in each year
                              until maturity
ISIN:                         ZAG00011774
Business Day Convention:      Following Business Day



The Notes will be immobilised in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

This note has been privately placed by FirstRand Bank Limited. Any
prospective purchaser of the note should contact FirstRand Bank
Limited for details of the terms of the note.      In this regard,
prospective purchasers should be aware that:


1. The note issued is subject to the terms and conditions of the
pricing supplement agreed between the Issuer and the subscriber(s)
for the note and the Terms and Conditions of the Notes as set out in
the Programme Memorandum dated 29 November 2011 in respect of the
Issuer’s Note Programme;
2. The performance of each note issued is linked to the performance
of an underlying third party entity and/or obligation stipulated in
the pricing supplement in respect of the note and accordingly, as
the prospective purchaser will assume credit exposure to both the
Issuer and such entity and/or obligation, the note is only suitable
for purchase by financially sophisticated investors after conducting
all relevant independent investigations. The risks pertaining to
credit-linked notes generally are more fully set out in the
Programme Memorandum. Copies of the Programme Memorandum are
available from the Issuer.


21 January 2014

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

Date: 21/01/2014 05:17:00 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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