AFRICAN BANK LIMITED - ABKI03 ABKS1 - Interest Payment Notifications

ABKI03 ABKS1 - Interest Payment Notifications

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond code: ABKI03 ISIN: ZAG000134560
Bond code: ABKS1      ISIN: ZAG000134412
(“African Bank”)

INTEREST PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payment due 5 October 2020:

Bond code:                  ABKS1
ISIN:                       ZAG000134412
Coupon:                     11.133%
Interest amount due:        ZAR 41 218 026.16
Interest period:            6 July 2020 to 4 October 2020
Payment date:               5 October 2020
Date Convention:            Modified Following Business Day

Noteholders are advised of the following interest payment due 13 October 2020:

Bond code:                  ABKI03
ISIN:                       ZAG000134560
Fixed coupon rate:          3.200%
Rate for the period:        1.600%
Reference CPI:              115.48065
Base CPI:                   79.92799
Interest amount due:        ZAR 36 987 102.32
Applicable formula:         (Nominal Amount x CPI Adjustment x Interest Rate) / 2, where:
                            - CPI Adjustment = Reference CPI / Base CPI; and
                            - Ref CPIDate = Ref CPIJ + (t – 1 / D) x (Ref CPIJ+1 – Ref CPIJ),
                            all of the above terms as defined in the applicable pricing
                            supplement
URL:                        https://www.africanbank.co.za/en/home/corporate-info-
                            debt-investor-info, by selecting 2016 under “Funding
                            overview” to access the relevant pricing supplement

Payment date:               13 October 2020
Date Convention:            Modified Following Business Day


23 September 2020
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 23-09-2020 09:27:00
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