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ABSA BANK LIMITED - ABFN11 and ABFN12 - Interest Rate Resets

Release Date: 30/05/2016 14:22
Code(s): ABFN11 ABFN12     PDF:  
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ABFN11 and ABFN12 - Interest Rate Resets

Absa Bank Limited
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)

Bond Code: ABFN11
ISIN Code: ZAG000114448

Bond Code: ABFN12
ISIN Code: ZAG000114455

INTEREST RATE RESETS

Notice is hereby given that the 3 month JIBAR rate as at 11 April 2016 is 7.258% p.a. (“JIBAR”).

Accordingly, the next interest payment, payable on 11 July 2016 (*Modified following), for the
period 11 April 2016 to 10 July 2016, will be calculated based on the following rates:

ABFN11                  8.133 % p.a. (87.5bps over JIBAR)
ABFN12                  8.308% p.a. (105bps 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. However, if the first business day after the
weekend or public holiday falls in a new calendar month the last business day before the
weekend / public holiday will be used instead.

Next reset date: 11 July 2016.

30 May 2016

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

Date: 30/05/2016 02:22:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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