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ABSA BANK LIMITED - Interest Rate Resets-ACL118 & ACL120

Release Date: 29/01/2014 13:40
Code(s): ACL118 ACL120     PDF:  
Wrap Text
Interest Rate Resets-ACL118 & ACL120

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)
Bond Code: ACL118
ISIN Code : ZAG000085648
Bond Code: ACL120
ISIN Code : ZAG000086364

INTEREST RATE RESET

Notice is hereby given that the 3 month JIBAR rate as at 27 January 2014 is 5.225% p.a. (“JIBAR”).

Accordingly, the next interest payment, payable on 29 April 2014 (*Following), for the period

27 Jan 2014 to 28 April 2014, will be calculated based on the following rates:

ACL118                  7.455% p.a. (223bps over JIBAR)

ACL120                  7.465% p.a. (224bps over JIBAR)

* When the Interest Payment Date falls on a non business day, such Interest Payment Date shall be
postponed to the next business day.

Next reset: 29 April 2014.

29 January 2014

Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)

Date: 29/01/2014 01:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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