DEVELOPMENT BANK OF SOUTHERN AFRICA - DVF27 DVFB31 - Listing of Tap Issues

DVF27 DVFB31 - Listing of Tap Issues

Development Bank of Southern Africa Limited
(reconstituted and incorporated in terms of section 2 of the Development Bank of Southern Africa Act,
1997)
Registration number: 1600157FN
JSE company code: DIDBS
LEI code: 25490071AZ4HOFUNIH94
Bond Code: DVF27                 ISIN: ZAG000158213
Bond Code: DVFB31                ISIN: ZAG000170259
(“DBSA” or the “Bank”)


LISTING OF TAP ISSUES

The JSE Limited has granted DBSA the additional listings of its Senior Unsecured Floating Rate Notes,
in terms of its Domestic Medium Term Note Programme memorandum dated 14 December 2015 (the
“2015 Programme”), effective 26 October 2022.

Type of Debt Security:                      Floating Rate Notes

Debt Security Code:                         DVF27
ISIN:                                       ZAG000158213
Nominal Before Issue:                       ZAR 351 000 000.00
Nominal Issued:                             ZAR 175 000 000.00
Nominal After Issue:                        ZAR 526 000 000.00
Issue Price:                                98.461433% of the aggregate Principal Amount of this
                                            Tranche
Coupon Rate:                                3 Month JIBAR plus 183 basis points
Interest Commencement Date:                 2 October 2022
Interest Determination Date(s):             The first day of each Interest Period, provided that the first
                                            Rate Determination Date shall be 2 October 2022
First Interest Payment Date:                2 January 2023
Interest Payment Date(s):                   2 April, 2 July, 2 October and 2 January of each year until
                                            the Maturity Date
Last Day to Register:                       By 17h00 on 22 March, 22 June, 22 September and 22
                                            December of each year until the Maturity Date
Books Close:                                23 March, 23 June, 23 September and 23 December of
                                            each year until the Maturity Date
Maturity Date:                              2 April 2029

Debt Security Code:                         DVFB31
ISIN:                                       ZAG000170259
Nominal Before Issue:                       ZAR 550 000 000.00
Nominal Issued:                             ZAR 351 000 000.00
Nominal After Issue:                        ZAR 901 000 000.00
Issue Price:                                103.91129% of the aggregate Principal Amount of this
                                            Tranche
Coupon Rate:                                3 Month JIBAR plus 275 basis points
Interest Commencement Date:                 21 August 2022
Interest Determination Date(s):             The first day of each Interest Period, provided that the first
                                            Rate Determination Date shall be 21 August 2022
First Interest Payment Date:                21 November 2022
Interest Payment Date(s):                   21 February, 21 May, 21 August and 21 November of
                                            each year until the Maturity Date
Last Day to Register:                       By 17h00 on 10 February, 10 May, 10 August and 10
                                            November of each year until the Maturity Date
Books Close:                                11 February, 11 May, 11 August and 11 November of
                                            each year until the Maturity Date
Maturity Date:                              21 August 2025


Issue Date:                                 26 October 2022
Business Day Convention:                    Following Business Day
Final Maturity Amount:                      The aggregate Outstanding Principal Amount of this
                                            Tranche plus interest accrued (if any) to the Maturity Date.
Other:                                      The pricing supplement does not contain additional terms
                                            and conditions to the terms and conditions as contained in
                                            the 2015 Programme
Summary of Additional Terms:                Not applicable
Programme Amount:                           ZAR 80 000 000 000.00
Total Notes in Issue Under Programme:       ZAR 23 136 460 610.00 exclusive of this issuance
                                            of notes
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited




25 October 2022

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 25-10-2022 02:52:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.