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FIRSTRAND BANK LIMITED - FRS130 - New Instrument Listing

Release Date: 11/05/2015 12:56
Code(s): FRS130     PDF:  
Wrap Text
FRS130 - New Instrument Listing

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN: ZAG000125873
(FRB)

LISTING OF NEW INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRS130 Stepped Interest Notes, in terms of its ZAR30 000 000
000 Note Programme dated 29 November 2011.

INSTRUMENT TYPE:             Stepped Interest Note
Total Notes in Issue:        R 2,000,000,000.00
Instrument Code:             FRS130
Nominal Issued:              R 2,000,000,000.00
Price:                       100%
Coupon:                      6.8% (3 month JIBAR as at 11 May 2015 of
                             6.125% plus 67.5 bps)
Coupon Rate Indicator:       Floating
Stepped Interest:            Please refer to Annexure A of the
                             Pricing Supplement
Issue Date:                  11 May 2015
Interest Commencement Date:  11 May 2015
First Interest Payment Date: 11 August 2015
Maturity Date:               11 August 2015
Extendible Maturity Date:    The right of extension may be exercised any
                             number of times, providing Maturity does
                             not exceed 11 February 2018
Last day to Register:        By 17:00 on 6 August 2015
Books Close:                 7 August 2015
Interest Payment Date:       11 August 2015
ISIN:                        ZAG000125873
Business Day Convention:     Modified Following Business Day

The Notes will be immobilised in the Central Depository (CSD) and
settlement will take place electronically in terms of JSE Rules.

Any prospective purchaser of the note should contact Rand Merchant
Bank for details of the terms of the note.

11 May 2015

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

Date: 11/05/2015 12:56:00 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, 
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,
 information disseminated through SENS.

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