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ABSA BANK LIMITED - ASN036 - Interest Rate Reset

Release Date: 22/02/2016 14:54
Code(s): ASN036     PDF:  
Wrap Text
ASN036 - Interest Rate Reset

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)
Bond Code: ASN036 (suspended)
ISIN Code : ZAG000121286

INTEREST RATE RESET

Notice is hereby given that the 3 month JIBAR rate as at 10 February 2016 is 6.983 % p.a. (“JIBAR”).

Accordingly, the next interest payment, payable on 10 May 2016 (*Following), for the period 10 February 2016
to 9 May 2016, will be calculated based on a rate of 8.983% p.a. (200bps 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.

Note:
With reference to the SENS announcement dated 14 August 2014 and following the placing of African
Bank Limited (the “Issuer”) in curatorship with effect from 16h00 on 10 August 2014, bond holders are
advised that interest will continue to accrue but not be paid whilst the Issuer remains in curatorship.

Next reset date: 10 May 2016

22 February 2016

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

Date: 22/02/2016 02:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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