FirstRand Bank Limited Announces Interest Payment Notifications for Various Bond Codes

Strategic Insights -

FirstRand Bank Limited has issued interest payment notifications for various bond codes, due on 22 September 2025. The notifications concern bond codes FRC319, FRC324, FRC346, FRC374, FRC378, FRC381, FRC402, FRC416, FRC428, and FRC436. The interest payments are as follows: Bond code FRC319 with a coupon of 10.517% and an interest amount due of R5 416 975.34; Bond code FRC324 with a coupon of 9.967% and an interest amount due of R6 417 109.59; Bond code FRC346 with a coupon of 11.037% and an interest amount due of R1 345 381.57; Bond code FRC374 with a coupon of 5.993% and an interest amount due of R463 020.82; Bond code FRC378 with a coupon of 9.287% and an interest amount due of R717 516.16; Bond code FRC381 with a coupon of 10.067% and an interest amount due of R3 733 301.17; Bond code FRC402 with a coupon of 12.717% and an interest amount due of R4 716 041.61; Bond code FRC416 with a coupon of 13.337% and an interest amount due of R4 945 965.79; Bond code FRC428 with a coupon of 10.357% and an interest amount due of R533 456.44; and Bond code FRC436 with a coupon of 10.267% and an interest amount due of R661 026.03.

Key Takeaways:

  • FirstRand Bank Limited has issued interest payment notifications due on 22 September 2025 for various bond codes.
  • Noteworthy bond codes include FRC319, FRC324, FRC346, FRC374, FRC378, FRC381, FRC402, FRC416, FRC428, and FRC436.
  • The interest payments on these bonds range from R463 020.82 (FRC374) to R5 416 975.34 (FRC319).
  • The interest periods span from 20 June 2025 to 21 September 2025, with a payment date of 22 September 2025.
  • Bond code FRC402 has the highest coupon interest rate of 12.717% with an interest amount due of R4 716 041.61.
  • Debt sponsor is FirstRand Bank Limited.

Statistics:

  • Bond code FRC319 has a coupon of 10.517% with an interest amount due of R5 416 975.34.
  • Bond code FRC324 has a coupon of 9.967% with an interest amount due of R6 417 109.59.
  • Bond code FRC346 has a coupon of 11.037% with an interest amount due of R1 345 381.57.
  • Bond code FRC378 has a coupon of 9.287% with an interest amount due of R717 516.16.
  • Bond code FRC381 has a coupon of 10.067% with an interest amount due of R3 733 301.17.
  • Bond code FRC402 has a coupon of 12.717% with an interest amount due of R4 716 041.61.
  • Bond code FRC416 has a coupon of 13.337% with an interest amount due of R4 945 965.79.
  • Bond code FRC428 has a coupon of 10.357% with an interest amount due of R533 456.44.
  • Bond code FRC436 has a coupon of 10.267% with an interest amount due of R661 026.03.
  • Debt sponsor is FirstRand Bank Limited.

Sources:

  • Johannesburg Stock Exchange
  • FirstRand Bank Limited - Issuer code: FRIILEI: ZAYQDKTCATIXF9OQY690