Enhanced Investments - Financial Portal

FRII - Interest and Capital Payment Notifications

Published: 2023-12-04 11:53:25 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond Code: FRC478          ISIN: ZAG000196924
Bond Code: FRS36           ISIN: ZAG000077397
Bond Code: FRS43           ISIN: ZAG000078643
Bond Code: FRS90           ISIN: ZAG000106410
Bond Code: FRS109          ISIN: ZAG000113564
Bond Code: FRS112          ISIN: ZAG000115395
Bond Code: FRS120          ISIN: ZAG000119298
Bond Code: FRS121          ISIN: ZAG000120643
Bond Code: FRS123          ISIN: ZAG000121328
Bond Code: FRS132          ISIN: ZAG000126194
Bond Code: FRS138          ISIN: ZAG000127556
Bond Code: FRS218          ISIN: ZAG000168527
Bond Code: FRS333          ISIN: ZAG000196759
(FRB)


INTEREST AND CAPITAL PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest and capital payments due 7 December 2023:

Bond code:                      FRC478
ISIN:                           ZAG000196924
Coupon:                         8.380%
Interest amount due:            R 1 939 878.16
Interest period:                7 September 2023 to 6 December 2023
Date Convention:                Following Business Day

Bond code:                      FRS36
ISIN:                           ZAG000077397
Annualised interest rate:       5.500%
Interest rate for the period:   2.750%
Reference CPI:                  138.154471
Base CPI:                       41.17247027
Capital amount due:             R 127 173 677.40
Interest amount due:            R 3 497 276.13
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/InvestorCentre/Pages/debt-
                                programmes.aspx
Date Convention:                Modified Following Business Day

Bond code:                      FRS43
ISIN:                           ZAG000078643
Annualised interest rate:       5.500%
Interest rate for the period:   2.750%
Reference CPI:                  138.154471
Base CPI:                       41.17247027
Capital amount due:             R 137 575 745.90
Interest amount due:            R 3 783 333.01
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/InvestorCentre/Pages/debt-
                                programmes.aspx
Date Convention:                Modified Following Business Day

Bond code:                      FRS90
ISIN:                           ZAG000106410
Annualised interest rate:       5.500%
Interest rate for the period:   2.750%
Reference CPI:                  138.154471
Base CPI:                       41.17247027
Capital amount due:             R 1 006 651.80
Interest amount due:            R 27 682.92
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/InvestorCentre/Pages/debt-
                                programmes.aspx
Date Convention:                Following Business Day

Bond code:                      FRS109
ISIN:                           ZAG000113564
Annualised interest rate:       3.450%
Interest rate for the period:   1.725%
Reference CPI:                  138.154471
Base CPI:                       48.62345598
Interest amount due:            R 686 177.16
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/InvestorCentre/Pages/debt-
                                programmes.aspx
Date Convention:                Following Business Day

Bond code:                      FRS112
ISIN:                           ZAG000115395
Annualised interest rate:       3.450%
Interest rate for the period:   1.725%
Reference CPI:                  138.154471
Base CPI:                       48.62345598
Interest amount due:            R 332 860.47
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/InvestorCentre/Pages/debt-
                                programmes.aspx
Date Convention:                Following Business Day

Bond code:                      FRS120
ISIN:                           ZAG000119298
Annualised interest rate:       3.450%
Interest rate for the period:   1.725%
Reference CPI:                  138.154471
Base CPI:                       48.62345598
Interest amount due:            R 245 063.27
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/InvestorCentre/Pages/debt-
                                programmes.aspx
Date Convention:                Following Business Day

Bond code:                      FRS121
ISIN:                           ZAG000120643
Annualised interest rate:       3.450%
Interest rate for the period:   1.725%
Reference CPI:                  138.154471
Base CPI:                       48.62345598
Interest amount due:            R 603 345.77
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/InvestorCentre/Pages/debt-
                                programmes.aspx
Date Convention:                Following Business Day

Bond code:                      FRS123
ISIN:                           ZAG000121328
Annualised interest rate:       3.450%
Interest rate for the period:   1.725%
Reference CPI:                  138.154471
Base CPI:                       48.62345598
Interest amount due:            R 6 861 771.55
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/InvestorCentre/Pages/debt-
                                programmes.aspx
Date Convention:                Following Business Day

Bond code:                      FRS132
ISIN:                           ZAG000126194
Annualised interest rate:       3.450%
Interest rate for the period:   1.725%
Reference CPI:                  138.154471
Base CPI:                       48.62345598
Interest amount due:            R 490 126.54
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/InvestorCentre/Pages/debt-
                                programmes.aspx
Date Convention:                Following Business Day

Bond code:                      FRS138
ISIN:                           ZAG000127556
Annualised interest rate:       3.450%
Interest rate for the period:   1.725%
Reference CPI:                  138.154471
Base CPI:                       48.62345598
Interest amount due:            R 6 261 366.55
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/InvestorCentre/Pages/debt-
                                programmes.aspx
Date Convention:                Following Business Day

Bond code:                      FRS333
ISIN:                           ZAG000196759
Coupon:                         11.333%
Interest amount due:            R 3 390 585.21
Interest period:                7 September 2023 to 6 December 2023
Date Convention:                Following Business Day

Payment Date:                   7 December 2023

Noteholders are advised of the following interest payment due 8 December 2023:

Bond code:                      FRS218
ISIN:                           ZAG000168527
Annualised interest rate:       4.500%
Interest rate for the period:   2.250%
Applicable formula:             ANA * FC * DC * (FXFID/FXFSD), all definitions used in this calculation
                                are as per the pricing supplement, with FXFID being 18.7923566
Interest amount due:            R 4 016 012.30
Payment date:                   8 December 2023
URL:                            https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-
                                instruments/
Date Convention:                Following Business Day


4 December 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.