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FIRSTRAND BANK LIMITED - FRS137 and FRS138 - New Instrument Listing

Release Date: 29/06/2015 11:45
Code(s): FRS137 FRS138     PDF:  
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FRS137 and FRS138 - New Instrument Listing

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN: ZAG000127549
ISIN: ZAG000127556
(FRB)

LISTING OF NEW INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRS137 and FRS138 Unsecured Inflation Linked Notes, in terms of
its ZAR30 000 000 000 Note Programme dated 29 November 2011.

INSTRUMENT TYPE:               Inflation Linked Note
Total Notes in Issue:          R 7,028,997,719.00

Instrument Code:               FRS137
Nominal Issued:                R 160 560 000.00
Price:                         155.70457%
Coupon:                        2.60%
Coupon Rate Indicator:         Inflation-Linked
Issue Date:                    30 June 2015
Interest Commencement Date:    31 March 2015
First Interest Payment Date:   30 September 2015
Maturity Date:                 31 March 2028
Last day to Register:          By 17:00 on 20 September and 21 March
                               of each year until the maturity date
Books Close:                   21 September and 22 March of each year
                               until the maturity date
Interest Payment Date:         30 September and 31 March of each year
                               until the Maturity Date
Base CPI:                      70.461720
ISIN:                          ZAG000127549
Business Day Convention:       Following Business Day


Instrument Code:               FRS138
Nominal Issued:                R 127 750 000.00
Price:                         195.68833%
Coupon:                        3.45%
Coupon Rate Indicator:         Inflation-Linked
Issue Date:                    30 June 2015
Interest Commencement Date:    7 June 2015
First Interest Payment Date:   7 December 2015
Maturity Date:                 7 December 2033
Last day to Register:          By 17:00 on 27 November 28 May
                               of each year until the maturity date
Books Close:                   28 November and 29 May of each year
                               until the maturity date
Interest Payment Date:         7 December and 7 June of each year
                               until the Maturity Date
Base CPI:                      60.63344
ISIN:                          ZAG000127556
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.

29 June 2015

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

Date: 29/06/2015 11:45:00 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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