Just like Intel markets a "1066 FSB" or "1333 FSB" or "1600 FSB"... They don't say Ghz or Gigabytes, because they aren't either of the above. A 1600FSB is based on a 400mhz clock, with four data transactions per clock cycle.
Each data transaction is 64 bits last I recall, which means:
64 bits = 8 bytes
8 bytes * 4 data transactions per cycle = 32 bytes per clock
32 bytes times 400mhz = 12,800,000,000 bytes/sec
If you divide it all out, that's 11.92 GBytes/sec (in base-2)