BIFR1 - FirstRand Bank Limited - Interest Rate Reset announcement
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
INTEREST RATE RESET ANNOUNCEMENT
FRS61 8.300% p.a. (270bps over 3 month Jibar of 5.600%)
for the period 02 May 2012 to 01 August 2012,
payable on 02 August 2012 (Modified Following*)
Next reset: 02 August 2012
JIBAR rates as at 02 May 2012: 3 Month 5.600%
*When the Interest Payment Date falls on a non business day one of the
following Date Convention will be applied, as specified for each individual
1. Following - This means that the interest will be paid on the first
business day after the weekend or public holiday.
2. Modified Following - This means that the interest will be paid on the
first business day after the weekend or public holiday. However, if the
first business day after the weekend or public holiday falls in a new
calendar month the last business day before the weekend / public
holiday will be used instead.
3. Preceding - This means that the interest will be paid on the last
business day before the weekend or public holiday.
02 May 2012
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 02/05/2012 12:26:16 Produced by the JSE SENS Department.
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