Market Notice
Date: 01 February 2016
Subject: Interest Rate Reset
ABSA BANK LIMITED
ABN928.983% p.a. ([IF 3 MONTH JIBAR IS LESS THAN 8.162%, 3 MONTH JIBA:]) for the period 01 Feb 2016 to 02 May 2016 payable on 03 May 2016 (following*). Next reset: 03 May 2016
ACL0829.633% p.a. (265bps over 6.983%) for the period 01 Feb 2016 to 31 Jul 2016,
payable on 01 Aug 2016 (following*). Next reset: 01 Aug 2016
ACL0839.633% p.a. (265bps over 6.983%) for the period 01 Feb 2016 to 31 Jul 2016,
payable on 01 Aug 2016 (following*). Next reset: 01 Aug 2016
ACL0849.683% p.a. (270bps over 6.983%) for the period 01 Feb 2016 to 31 Jul 2016,
payable on 01 Aug 2016 (following*). Next reset: 01 Aug 2016
ACL0869.683% p.a. (270bps over 6.983%) for the period 01 Feb 2016 to 31 Jul 2016,
payable on 01 Aug 2016 (following*). Next reset: 01 Aug 2016
ACL0879.583% p.a. (260bps over 6.983%) for the period 01 Feb 2016 to 31 Jul 2016,
payable on 01 Aug 2016 (following*). Next reset: 01 Aug 2016
ACL1399.483% p.a. (250bps over 6.983%) for the period 01 Feb 2016 to 31 Jul 2016,
payable on 01 Aug 2016 (following*). Next reset: 01 Aug 2016
ACL1419.533% p.a. (255bps over 6.983%) for the period 01 Feb 2016 to 31 Jul 2016,
payable on 01 Aug 2016 (following*). Next reset: 01 Aug 2016
ACL2033.1656% p.a. ([255 BASIS POINTS OVER LIBOR:]) for the period 01 Feb 2016 to 02 May 2016,payable on 03 May 2016 (following*). Next reset: 03 May 2016
ASN0618.983% p.a. (200bps over 6.983%) for the period 01 Feb 2016 to 02 May 2016,
payable on 03 May 2016 (following*). Next reset: 03 May 2016
JIBAR rates as at 01 Feb 2016:
1 Month 6.75%
3 Month 6.983%
6 Month 7.658%
* When the Interest Payment Date falls on a non business day one of the following Date Conventions will be applied, as specified for each individual bond:
- Following – This means that the interest will be paid on the first business day after the weekend or public holiday.
- ModifiedFollowing – The same rule as above applies. 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.
- Preceding – This means that the interest will be paid on the last business day before the weekend or public holiday.
Further information on theNote issued please contact:
Bianca VaaltynJSE(011) 520 7377
Mari VinkJSE(011) 520 7154
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