LAND & AGRICULTURAL DEV BANK OF SA - New Financial Instrument Listing Announcement Tap Issue (LBK21)

New Financial Instrument Listing Announcement – Tap Issue (LBK21)

THE LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
Bond code: LBK21   ISIN: ZAG000146309
(“the Land Bank”)


New Financial Instrument Listing Announcement – Tap Issue (LBK21)


The JSE Limited has granted a listing of a new financial instrument
(Tap Issue of LBK21) under the Land Bank’s Domestic Medium Term Note
Programme on the Interest Rate Market.


Authorised programme size        R 20,000,000,000.00
Total notes in issue             R8,555,000.00
(excluding these issues)
Total notes in issue             R8,605,000,000.00
(including these issues)


Full instrument details are as follows:

INSTRUMENT TYPE                  FLOATING RATE NOTE
Bond Code                        LBK21
ISIN                             ZAG000146309
Nominal Issued                   R50,000,000.00
Issue Price                      100.65151%
Coupon Rate Indicator            Floating
Coupon                           3 months ZAR JIBAR plus a
                                 margin of 115 bps
Trade Type                       Price
Issue Date                       3 October 2017
Maturity Date                    4 September 2018
Interest Commencement Date       4 September 2017
First Interest Payment Date      4 December 2017
Interest Payment Date(s)         4 March, 4 June, 4 September
                                 and 4 December in each year
                                 until the Maturity Date
Last Day to Register             By 17:00 on 21 February, 24
                                 May, 24 August, 23 November in
                                 each year until the Maturity
                                 Date (all dates inclusive)
Books Close Date(s)              From 22 February to 3 March,
                                 25 May to 3 June, 25 August to
                                 3 September and 24 November to
                                 3 December in each year until
                                 the Maturity Date (all dates
                                 inclusive)
Date Convention                  Following Business Day


Centurion
3 October 2017

Debt Sponsor
The Standard Bank of South Africa Limited

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