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FIRSTRAND BANK LIMITED - FRS122-New Instrument Listing

Release Date: 31/10/2014 12:50
Code(s): FRS122     PDF:  
Wrap Text
FRS122-New Instrument Listing

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN: ZAG000121062
(FRB)

LISTING OF NEW INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRS122 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:          R9,406,317,929

Instrument Code:               FRS122
Nominal Issued:                R5 000 000.00
Issue Price:                   110.56214%
Issue Date:                    31 October 2014
Coupon Rate Indicator:         Inflation Linked Note
Coupon Rate:                   2.00%
Interest Payment Dates:        31 January, 31July
Interest Commencement Date:    31 July 2014
First Interest Payment Date:   31 January 2015
Maturity Date:                 31 January 2025
Last day to Register:          By 17:00 on 21 January, 21 July
                               in each year until maturity date
Books Close:                   22 January,22 July in each year until
                               maturity date
ISIN:                          ZAG000121062
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.

31 October 2014

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

Date: 31/10/2014 12:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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