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ABSA BANK LIMITED - AB010 and AB011 - Interest Rate Resets

Release Date: 29/06/2016 07:05
Code(s): AB010 AB011     PDF:  
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AB010 and AB011 - Interest Rate Resets

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)
JSE Code: AB010
ISIN No: ZAG000101221

JSE Code: AB011
ISIN No: ZAG000101239

INTEREST RATE RESET

Notice is hereby given that the 3 month JIBAR rate as at 23 May 2016 is 7.3% p.a. (“JIBAR”).

Accordingly, the next interest payment, payable on 22 August 2016 (*Modified following), for the
period 23 May 2016 to 21 August 2016 will be calculated based on the following rates:

AB010                                  9.25% p.a. (195bps over JIBAR);
AB011                                  9.35% p.a. (205bps 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: 22 August 2016

29 June 2016

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

Date: 29/06/2016 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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