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FIRSTRAND BANK LIMITED - Listing of Dollar Certificates

Release Date: 16/01/2017 15:45
Code(s): DCCUSD     PDF:  
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Listing of Dollar Certificates

FirstRand Bank Limited
(Incorporated in the Republic of South Africa) (Registration No. 1929/001225/06)
Alpha code: DCCUSD
ISIN: ZAE000234977
(FRB)

LISTING OF DOLLAR CERTIFICATES

The JSE Limited has granted FirstRand Bank Limited approval for the listing of 10 000 Dollar Custodial
Certificates (“DCC’s”) which will be listed on the main board on the “Exchange Traded Funds” sector of the
JSE under the alpha code “DCCUSD” and ISIN Code ZAE000234977 with effect from the commencement of
business on 24 January 2017 and traded through any authorised user of the JSE.

The DCC’s represent the first inward listing of US Treasury notes on the JSE. This product will allow investors
to invest their excess cash in US dollars, earn an income stream in US dollars, all settled in ZAR. The
investment capital credit exposure is directly to the US Federal Reserve – enabling investors to avoid the
credit risk associated with a normal foreign currency bank account.

Businesses and individuals may invest without limit, enabling excess cash to be dollarized. The DCCs are liquid
and freely traded, making them an ideal working capital solution. Investment performance is directly related
to the USD/ZAR exchange rate and the price performance of US Treasury notes.

The offer of DCCs constitutes an “offer to the public” as defined in the Companies Act, 2008 (“the Act”). The
Offering Circular dated 24 January 2017 does not, nor is it intended to, constitute a “registered prospectus”
(as defined in the Act).

The Offering Circular has been made available on the following website
http://www.rmb.co.za/globalmarkets/weTrade_Commodities_Dollar_Custodial_Certificate.asp.

 Instrument Number:                  66172
 Alpha Code:                         DCCUSD
 Short Name:                         DCCUSD
 Long Name:                          Dollar Custodial Certificates
 ISIN:                               ZAE000234977
 Issue Size (Units):                 10,000
 Issue Price(Cents / Unit):          ZAR 1 395 per unit, which is based on an average price.
 Denomination:                       ZAR
 Issue Date:                         24 January 2017
 Maturity Date:                      Perpetual
 Underlying Asset:                   US Treasury Bills
 Contact:                            Ebrahim Patel
 Telephone Number:                   +27 11 269 9140 for more information.


This offer may not be accepted by persons who are citizens or residents of the United States of America or by
foreign financial institutions that do not meet the reporting requirements in Paragraph 1471(B) of the Foreign
Account Tax Compliance Act of the United States of America.

16 January 2017

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

Date: 16/01/2017 03:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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