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FIRSTRAND BANK LIMITED - FRJ25 FRX30 - New Instrument Listing

Release Date: 06/03/2015 12:17
Code(s): FRJ25 FRX30     PDF:  
Wrap Text
FRJ25  FRX30 - New Instrument Listing

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN FRX30: ZAG000124264
ISIN FRJ25: ZAG000124256
(FRB)

LISTING OF NEW INSTRUMENTS

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRX30 Fixed Rate Notes and of its FRJ25 Floating Rate Notes, in
terms of its ZAR80 000 000 000 Note Programme dated 20 February
2015.

INSTRUMENT TYPE:               Fixed Rate Note
Total Notes in Issue:          R 2 000 000 000.00

Instrument Code:               FRX30
Nominal Issued:                R 1 506 000 000.00
Price:                         96.90594%
Coupon:                        9.75%
Coupon Rate Indicator:         Fixed
Issue Date:                    9 March 2015
Interest Commencement Date:    31 January 2015
Maturity Date:                 31 January 2030
First Interest Payment Date:   31 July 2015
Interest Payment Dates:        31 January and 31 July
Last day to Register:          By 17:00 on 25 January and 25 July
Books Close:                   26 January and 26 July
ISIN:                          ZAG000124264
Business Day Convention:       Following Business Day



INSTRUMENT TYPE:               Floating Rate Note
Total Notes in Issue:          R 2 000 000 000.00

Instrument Code:               FRJ25
Nominal Issued:                R 133 000 000.00
Price:                         100%
Coupon:                        8.108% (3 Month JIBAR as at 4 March
                               2015 of 6.108% plus 200bps)
Coupon Rate Indicator:         Floating
Issue Date:                    9 March 2015
Interest Commencement Date:    9 March 2015
Maturity Date:                 9 March 2025
First Interest Payment Date:   9 June 2015
Interest Payment Dates:        9 March, 9 June, 9 September, 9 December
Last day to Register:          By 17:00 on 3 March, 3 June,
                               3 September and 3 December
Books Close:                   4 March, 4 June, 4 September and
                               4 December
ISIN:                          ZAG000124256
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.

6 March 2015

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

Date: 06/03/2015 12:17:00 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
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
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