LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA - LBK33-New Debt Instrument Listing

LBK33-New Debt Instrument Listing

LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
(“the Land Bank”)


The JSE Limited has granted a listing to LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH
AFRICA on Interest Rate Market with effect from 7 December 2018.



INSTRUMENT TYPE:                 FLOATING RATE NOTE

Bond Code                        LBK33

Nominal Issued                   R 250,000,000.00

Issue Price                      100%

Coupon                           9.35% (3 Month JIBAR as at 04 December 2018 of 7.15% plus
                                 220 bps)

Coupon Rate Indicator            Floating

Trade Type                       Price

Final Maturity Date              7 December 2025

Books Close Date(s)              25 February, 28 May, 28 August, 27 November

Interest Payment Date(s)         7 March, 7 June, 7 September, 7 December

Last Day to Register             By 17:00 on 24 February, 27 May, 27 August, 26 November

Issue Date                       7 December 2018

Date Convention                  Following

Interest Commencement Date       7 December 2018

First Interest Payment Date      7 March 2019

ISIN No.                         ZAG000155953

Additional Information           Senior Unsecured Floating Rate Notes
6 December 2018

Debt Sponsor
The Standard Bank of South Africa Limited

For further information on the Notes issued please contact:
Kea Sape              SBSA                  (011) 721 5594

Date: 06/12/2018 08:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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