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ABSA BANK LIMITED - ASN081 - Interest Rate Reset

Release Date: 13/12/2016 14:57
Code(s): ASN081     PDF:  
Wrap Text
ASN081 - Interest Rate Reset

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)

Bond Code: ASN081
ISIN No: ZAG000128885

INTEREST RATE RESET


Notice is hereby given that the 3 month JIBAR rate as at 12 December 2016 is 7.358% p.a. (“JIBAR”).

Accordingly, the next interest payment, payable on 10 March 2017 (*Following), for the period 12 December
2016 to 09 March 2017, will be calculated based on a rate of 9.258% p.a. (190bps 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.

Next reset date: 10 March 2017

13 December 2016

Debt sponsor

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

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