Enhanced Investments - Financial Portal

FRS194 - Interest Payment and Interest Payment Date Notification

Published: 2023-06-14 17:40:24 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond Code: FRS194          ISIN: ZAG000160516
(FRB)


INTEREST PAYMENT AND INTEREST PAYMENT DATE NOTIFICATION

Noteholders are advised of the following interest payment due 20 June 2023:

Bond code:                     FRS194
ISIN:                          ZAG000160516
Coupon rate:                   3.06657%
Interest amount due:           R 1 602 643.03
Applicable formula:            IA = (ANA * SF * DCF * Max(0, OI – RI)) * FX, all definitions used in
                               this calculation as per the pricing supplement, with OI being 4.96257%
                               and FX being 18.591135
URL:                           https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-
                               instruments/
Date Convention:               Following Business Day
Payment Date1:                 20 June 2023

Note 1: As outlined in the terms and conditions of the FRS194 applicable pricing supplement,
Monday, 19 June 2023 is a US bank holiday, resulting in the interest payment date being moved
to Tuesday, 20 June 2023 in accordance with the business day convention contained in the
applicable pricing supplement. Please refer to the definitions of “Business Day” and “Payment
Date” in the note programme dated 29 November 2011, as amended or supplemented from time
to time, available at: https://www.firstrand.co.za/investors/debt-investor-centre/prospectuses-
and-programme-memoranda/.

14 June 2023

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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.