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FIRSTRAND BANK LIMITED - Listing of new instrument - FRS120

Release Date: 04/09/2014 15:08
Code(s): FRS120     PDF:  
Wrap Text
Listing of new instrument - FRS120

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN: ZAG000119298
(FRB)

LISTING OF NEW INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRS120 Inflation Linked Note, in terms of its ZAR30 000 000 000
Note Programme dated 29 November 2011.

INSTRUMENT TYPE:               Inflation Linked Notes
Total Notes in Issue:          R9,329,007,929

Instrument Code:               FRS120
Nominal Issued:                R5 000 000.00
Issue Price:                   201.09531%
Issue Date:                    5 September 2014
Coupon Rate Indicator:         Inflation Linked Note
Coupon Rate:                   3.45%
Interest Payment Dates:        7 June, 7 December
Interest Commencement Date:    7 June 2014
First Interest Payment Date:   7 June 2014
Maturity Date:                 7 December 2033
Last day to Register:          By 17:00 on 28 May, 27 November
                               in each year until maturity date
Books Close:                   29 May to 7 June and from 28 November to
                               7 December (all dates inclusive) in each
                               year until maturity
ISIN:                          ZAG000119298
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;
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.

4 September 2014

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

Date: 04/09/2014 03:08:00 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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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,
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