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DEVELOPMENT BANK OF SOUTHERN AFRICA - New Financial Instrument Listing Announcement

Release Date: 10/06/2015 12:00
Code(s): DVC011     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

DEVELOPMENT BANK OF SOUTHERN AFRICA LIMITED
Stock Code: DVC011
ISIN Code: ZAG000127150

Dated: 10 June 2015

New Financial Instrument Listing Announcement

The JSE Limited has granted a financial instrument listing to
Development Bank of Southern Africa Limited – DVC011 Senior
Unsecured Floating Rate Notes due 11 June 2016, under its
Domestic Medium Term Note Programme dated 21 January 2008.

Authorised Programme size                       R35,000,000,000.00
Total notes issued (excluding this issue)       R28,159,000,000.00

Full note details are as follows:

Nominal Issued:                R689,000,000.00
Issue Price:                   100.00%
Coupon Indicator:              Floating Rate
Trade Type:                    Price
Floating Interest Rate:        7.073% (3 Month JIBAR as at 09
                               June 2015 plus 94 bps)
Maturity Date:                 11 June 2016
Interest Commencement Date:    11 June 2015
First Interest Payment Date:   11 September 2015
Interest Payment Dates:        11 March, 11 June, 11 September
                               and 11 December of each year until
                               the Maturity Date
Books Close:                   01 March to 10 March, 01 June to
                               10 June, 01 September to 10
                               September and 01 December to 10
                               December of each year to the
                               Maturity Date
Last day to register:          By 17:00 on 29 February, 31 May,
                               31 August and 30 November
Issue Date:                    11 June 2015
Placement Agent:               The Standard Bank of South Africa
                               Limited

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

For further information on the notes issued please contact:
Zoya Sisulu                             (011) 721 6032

Debt Sponsor: The Standard Bank of South Africa Limited

Date: 10/06/2015 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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