LBK15-Tap Issue
LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
Stock Code: LBK15 ISIN: ZAG000139890
(“the Land Bank”)
Tap Issue
The JSE Limited has granted a financial instrument listing to Land
Bank-”LBK15” Senior Unsecured Floating Rate Notes under its
R20,000,000,000.00 Domestic Medium Term Note Programme.
INSTRUMENT TYPE: FLOATING RATE NOTE
Tap Amount R375, 000,000.00
Amount Following Tap Issue R1, 375,000,000.00
Bond Code LBK15
Nominal Issued R375, 000,000.00
Issue Price 101.40975%
Coupon 10.358% (3 Month JIBAR as at 12 January 2017 of
7.358% plus 300 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 12 October 2021
Books Close Date(s) 2 January, 2 April, 2 July, and 2 October
Interest Payment Date(s) 12 January, 12 April, 12 July, and 12 October
Last Day to Register By 17:00 on 1 January, 1 April, 1 July and 1
October
Issue Date 15 February 2017
Date Convention Following
Interest Commencement Date 12 January 2017
First Interest Date 12 April 2017
ISIN No. ZAG000139890
13 February 2017
Debt Sponsor
The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Kea Sape SBSA (011) 344 5674
Date: 13/02/2017 01:13:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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