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ABSA BANK LIMITED - ABFN13 and ABFN14 - Interest Rate Reset

Release Date: 16/02/2017 11:05
Code(s): ABFN13 ABFN14     PDF:  
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ABFN13 and ABFN14 - Interest Rate Reset

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

Bond Code: ABFN13
ISIN No: ZAG000126160

Bond Code: ABFN14
ISIN No: ZAG000126178

INTEREST RATE RESETS


Notice is hereby given that the 3 month JIBAR rate as at 14 February 2017 is 7.333% p.a. (“JIBAR”).


Accordingly, the next interest payment, payable on 15 May 2017 (*Modified Following), for the period 14 February
2017 to 14 May 2017, will be calculated based on the following rates –


ABFN13                                   8.813% p.a. (148bps over JIBAR); and
ABFN14                                   9.013% p.a. (168bps 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: 15 May 2017.


16 February 2017


Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited 

Date: 16/02/2017 11:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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