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ABSA BANK LIMITED - Interest Rate Resets - ABN39-ASN028

Release Date: 23/09/2014 15:50
Code(s): ABN39 ASN004 ASN007 ASN011 ASN014 ASN028 ASN012     PDF:  
Wrap Text
Interest Rate Resets - ABN39-ASN028

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)

Bond Issuer Code:            ABN39
ISIN Code:                   ZAG000089319

Bond Issuer Code:            ASN004
ISIN Code:                   ZAG000112764

Bond Issuer Code:            ASN007
ISIN Code:                   ZAG000113630

Bond Issuer Code:            ASN011
ISIN Code:                   ZAG000114133

Bond Issuer Code:            ASN012
ISIN Code:                   ZAG000114364

Bond Issuer Code:            ASN014
ISIN Code:                   ZAG000114604

Bond Issuer Code:            ASN028
ISIN Code:                   ZAG000118266

INTEREST RATE RESETS

Notice is hereby given that the 3 month JIBAR rate as at 22 September 2014 is 6.133% p.a.
(“JIBAR”).

Accordingly, the next interest payment, payable on 22 December 2014 (*Following), for the period
22 September 2014 to 21 December 2014, will be calculated based on the following rates:

ABN39                                    7.933% p.a. (180bps over JIBAR)
ASN004                                   7.133% p.a. (100bps over JIBAR)
ASN007                                   7.133% p.a. (100bps over JIBAR)
ASN011                                   7.833% p.a. (170bps over JIBAR)
ASN012                                   9.457% p.a. (I=SD*(FIX-FIR)*DCF)**
ASN014                                   7.793% p.a. (166bps over JIBAR)
ASN028                                   8.233% p.a. (210bps 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.

** where -
“I” means the relevant Interest Amount per Note;
“SD” means the Specified Denomination per Note;
“FIX” means 15.59%;
“FIR” means the Floating Interest Rate, being the Reference Rate; and
“DCF” means the Day Count Fraction being Act/365 (Fixed),

as set out in the Applicable Pricing Supplement.

Next reset date: 22 December 2014.

23 September 2014

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

Date: 23/09/2014 03:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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