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FIRSTRAND BANK LIMITED - New Instrument Listing_FRS108-9

Release Date: 27/02/2014 17:05
Code(s): FRS109 FRS108     PDF:  
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New Instrument Listing_FRS108-9

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN FRS108: ZAG000113515
ISIN FRS109: ZAG000113564

(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRS108 and FRS109 Inflation Linked Notes, in terms of its
ZAR30,000,000,000 Note Programme dated 29 November 2011.

INSTRUMENT TYPE:              Inflation Linked Notes
Total Notes in Issue:         R5 424 064 928.00


Instrument Code:              FRS108
Nominal Issued:               R50 400 000.00
Issue Price:                  93.24845%
Interest Rate:                2.25%
Coupon Rate Indicator:        Inflation Linked
Issue Date:                   28 February 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:                         ZAG000113515
Business Day Convention:      Modified Following Business Day


INSTRUMENT TYPE:              Inflation Linked Notes
Total Notes in Issue:         R5 424 064 928.00


Instrument Code:              FRS109
Nominal Issued:               R14 000 000.00
Issue Price:                  186.25817%
Interest Rate:                3.45%
Coupon Rate Indicator:        Inflation Linked
Issue Date:                   28 February 2014
Interest Commencement Date:   07 December 2013
First Interest Date:          07 June 2014
Maturity Date:                07 December 2033
Last day to Register:         By 17:00 on 28 May and 27 November in
                              each year until maturity date
Books Close:                  29 May and 28 November in each year
                              until maturity
Interest Payment Dates:       07 June and 07 December in each year
                              until maturity
ISIN:                         ZAG000113564
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.


27 February 2014

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

Date: 27/02/2014 05:05:00 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
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