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FIRSTRAND BANK LIMITED - Listing of 2YR Dollar Custodial Certificates

Release Date: 06/11/2017 12:05
Code(s): DCCUS2     PDF:  
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Listing of 2YR Dollar Custodial Certificates

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Alpha code: DCCUS2
ISIN: ZAE000251179
(FRB)

LISTING OF 2YR DOLLAR CUSTODIAL CERTIFICATES

The JSE Limited has granted FirstRand Bank Limited approval for the listing of 1 000 2YR Dollar Custodial
Certificates (“DCCUS2’s”) which will be listed on the main board on the “Exchange Traded Funds” sector of the
JSE under the alpha code “DCCUS2” and ISIN Code ZAE000251179 with effect from the commencement of
business on 14 November 2017 and traded through any authorised user of the JSE.

This product will allow investors to invest their excess cash in a US dollar asset, earn an income stream in US
dollars, all settled in ZAR. The investment capital credit exposure is directly to the US Treasury Department –
enabling investors to avoid the credit risk associated with a normal foreign currency bank account.

Business and individuals may invest without requiring permission in terms of Exchange Control enabling excess
cash to be invested into a dollar asset. The DCCUS2s are liquid and freely traded. Investment performance is
directly related to the USD/ZAR exchange rate and the price performance of US Treasury notes.

The offer of DCCUS2s constitutes an “offer to the public” as defined in the Companies Act 71 of 2008 (“the
Act”). The Offering Circular dated 14 November 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:                          73146
Alpha Code:                                 DCCUS2
Short Name:                                 DCCUS2
Long Name:                                  2YR Dollar Custodial Certificates
ISIN:                                       ZAE000251179
Issue Size (Units):                         1 000
Issue Price (Cents / Unit):                 ZAR 1 327.76 per unit, which is based on an average price.
Denomination:                               ZAR
Issue Date:                                 14 November 2017
Maturity Date:                              Perpetual
Underlying Asset:                           2YR 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.

6 November 2017

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

Date: 06/11/2017 12:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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