SOUTH AFRICAN SECURITISATION PROGRAMME (RF) LIMITED - Interest Rate Reset

Interest Rate Reset

South African Securitisation Programme (RF) Limited
(Registration No: 1991/002706/06)
Formerly called South African Securitisation Programme (Proprietary)
Limited
(with registration number 1991/002706/07)
(“South African Securitisation Programme”)
Incorporated with limited liability in the Republic of South Africa

INTEREST RATE RESET

INSTRUMENT TYPE:            FLOATING RATE CALLABLE NOTE

Authorised Programme size       R 5,000,000,000.00
Total Notes Outstanding         R 1,108,000,000.00


Bond Code                ERSA25
Nominal Issued           R 281,000,000.00
Issue Price              R 281,000,000.00
Coupon                   5.442% (3 Month JIBAR as at 17 February 2021
                         of 3.642% plus 180 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      17 November 2025
Books Close Date(s)      7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register     By 17:00 on 6 February, 6 May, 6 August, 6
                         November
Date Convention          Following
Interest Commencement Date     17 February 2021
Next Interest Date       17 May 2021
Call / Step Up Date      17 August 2022
ISIN No.                 ZAG000145913

Bond Code               ERSA26
Nominal Issued          R 178,000,000.00
Issue Price             R 178,000,000.00
Coupon                  5.062% (3 Month JIBAR as at 17 February 2021
                        of 3.642% plus 142 bps)
Coupon Rate Indicator   Floating
Trade Type              Price
Final Maturity Date     17 November 2025
Books Close Date(s)     7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register     By 17:00 on 6 February, 6 May, 6 August, 6
                         November
Date Convention          Following
Interest Commencement Date    17 February 2021
Next Interest Date       17 May 2021
Call / Step Up Date      17 May 2022
ISIN No.                 ZAG000159138

Bond Code                ERSA27
Nominal Issued           R 230,000,000.00
Issue Price              R 230,000,000.00
Coupon                   4.942% (3 Month JIBAR as at 17 February 2021
                         of 3.642% plus 130 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      17 November 2025
Books Close Date(s)      7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register     By 17:00 on 6 February, 6 May, 6 August, 6
                         November
Date Convention          Following
Interest Commencement Date     17 February 2021
Next Interest Date       17 May 2021
Call / Step Up Date      17 August 2022
ISIN No.                 ZAG000161464

Bond Code                ERSA28
Nominal Issued           R 263,000,000.00
Issue Price              R 263,000,000.00
Coupon                   5.692% (3 Month JIBAR as at 17 February 2021
                         of 3.642% plus 205 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      17 November 2025
Books Close Date(s)      7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register     By 17:00 on 6 February, 6 May, 6 August, 6
                         November
Date Convention          Following
Interest Commencement Date     17 February 2021
Next Interest Date      17 May 2021
Call / Step Up Date     17 August 2023
ISIN No.                ZAG000169731

Bond Code                ERS3B6
Nominal Issued           R 16,000,000.00
Issue Price              R 16,000,000.00
Coupon                   5.392% (3 Month JIBAR as at 17 February 2021
                         of 3.642% plus 175 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      17 November 2025
Books Close Date(s)      7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register     By 17:00 on 6 February, 6 May, 6 August, 6
                         November
Date Convention          Following
Interest Commencement Date     17 February 2021
Next Interest Date       17 May 2021
Call / Step Up Date      17 May 2022
ISIN No.                 ZAG000159146

Bond Code                ERS3B7
Nominal Issued           R 99,000,000.00
Issue Price              R 99,000,000.00
Coupon                   5.142% (3 Month JIBAR as at 17 February 2021
                         of 3.642% plus 150 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      17 November 2025
Books Close Date(s)      7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register     By 17:00 on 6 February, 6 May, 6 August, 6
                         November
Date Convention          Following
Interest Commencement Date     17 February 2021
Next Interest Date       17 May 2021
Call / Step Up Date      17 August 2022
ISIN No.                 ZAG000161472
Bond Code                ERS3C7
Nominal Issued           R 35,000,000.00
Issue Price              R 35,000,000.00
Coupon                   5.192% (3 Month JIBAR as at 17 February 2021
                         of 3.642 % plus 155 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      17 November 2025
Books Close Date(s)      7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register     By 17:00 on 6 February, 6 May, 6 August, 6
                         November
Date Convention          Following
Interest Commencement Date     17 February 2021
Next Interest Date       17 May 2021
Call / Step Up Date      17 August 2022
ISIN No.                 ZAG000161480

Bond Code                ERS3C6
Nominal Issued           R 6,000,000.00
Issue Price              R 6,000,000.00
Coupon                   5.792% (3 Month JIBAR as at 17 February 2021
                         of 3.642 % plus 215 bps)
Coupon Rate Indicator    Floating
Trade Type               Price
Final Maturity Date      17 November 2025
Books Close Date(s)      7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register     By 17:00 on 6 February, 6 May, 6 August, 6
                         November
Date Convention          Following
Interest Commencement Date     17 February 2021
Next Interest Date       17 May 2021
Call / Step Up Date      17 May 2022
ISIN No.                 ZAG000135591

Additional Information   Secured notes

The notes will be immobilised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of JSE
Rules.
For further information please contact:

Mr. Dhesegan Govender (Sasfin Bank Limited)   (011) 809 7892

Waverley
22 February 2021

Sponsor
Sasfin Bank Limited

Date: 22-02-2021 04:17:00
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