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 6 April 2021:

Bond code:                  ABKS1
ISIN:                       ZAG000134412
Coupon:                     10.892%
Interest amount due:        ZAR 40 768 905.21
Interest period:            4 January 2021 to 5 April 2021
Payment date:               6 April 2021
Date Convention:            Modified Following Business Day

Noteholders are advised of the following interest payment due 13 April 2021:

Bond code:                  ABKI03
ISIN:                       ZAG000134560
Fixed coupon rate:          3.200%
Rate for the period:        1.600%
Reference CPI:              117.46000
Base CPI:                   79.92800
Interest amount due:        ZAR 37 621 058.95
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 April 2021
Date Convention:            Modified Following Business Day


26 March 2021

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

Date: 25-03-2021 04:39:00
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.