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ABSA BANK LIMITED - ASN111, ASN152 and ASN174 - Interest Rate Reset

Release Date: 17/03/2017 08:00
Code(s): ASN111 ASN152 ASN174     PDF:  
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ASN111, ASN152 and ASN174 - Interest Rate Reset

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06) 
 
Bond Code: ASN111
ISIN No: ZAG000132051

Bond Code: ASN152
ISIN No: ZAG000137084

Bond Code: ASN174
ISIN No: ZAG000141151


INTEREST RATE RESET 

Notice is hereby given that the 3 month JIBAR rate as at 2 March 2017 is 7.325% p.a. (“JIBAR”).

Accordingly, the next interest payment, payable on 2 June 2017 (*Following), for the period 2 March 2017 to
01 June 2017, will be calculated based on the following rates:

ASN111                                  9.425% p.a. (210bps over JIBAR);

ASN152                                  9.625% p.a. (230bps over JIBAR);

ASN174                                  9.025% p.a. (170bps 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: 2 June 2017

17 March 2017

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

Date: 17/03/2017 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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