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ACL120 - Absa Bank Limited - Interest Rate Reset announcement

Release Date: 02/05/2012 15:53
Code(s): JSE
Wrap Text

ACL120 - Absa Bank Limited - Interest Rate Reset announcement Absa Bank Limited (Incorporated with limited liability in South Africa under registration number 1986/004794/06) Interest Rate Reset : ACL120 ISIN Code : ZAG000086364 Notice is hereby given that the 3 month JIBAR rate as at 26 April 2012 is 5.6% p.a. Accordingly, the next interest payment, payable on 26 July 2012 (* Following), for the period 26 April to 25 July 2012, will be calculated based on a rate of 7.84% p.a. (224bps over 5.6%). * When the Interest Payment Date falls on a non business day, such Interest Payment Date shall be postponed to the next business day. Next reset date: 26 July 2012. 2 May 2012 Debt sponsor Absa Capital (the investment banking division of Absa Bank Limited, affiliated with Barclays) Date: 02/05/2012 15:53:00 Supplied by www.sharenet.co.za 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.