DEVELOPMENT BANK OF SOUTHERN AFRICA - New Financial Instrument Listing

New Financial Instrument Listing

DEVELOPMENT BANK OF SOUTHERN AFRICA LIMITED
Stock Code: DVC022
ISIN Code: ZAG000134651


Stock Code: DVC023
ISIN Code: ZAG000134669


Stock Code: DVC024
ISIN Code: ZAG000134677

Dated: 18 March 2016

Listing Announcement

The JSE Limited has granted a financial instrument listing to
Development Bank of Southern Africa Limited –DVC022,DVC023 and
DVC024 Senior Unsecured Notes, under its Domestic Medium Term
Note Programme dated 14 December 2015.

Authorised Programme size                            R80,000,000,000.00
Total notes issued (excluding this issue)            R30,288,000,000.00

Full note details are as follows:

Bond Code                     DVC022
Nominal Issued                R568,000,000.00
Issue Price                   100%
Coupon                        7.983% (3 Month Jibar as at 18       March   2016
                              of7.233 plus 75bps)
Coupon Rate Indicator         Floating
Trade Type                    Price
Final Maturity Date           16 September 2016
Books Close                   6 June and 6 September
Interest Payment Date(s)      16 June and 16 September
Last Day to Register          By 17:00 on 5 June and 5 September
Issue Date                    18 March 2016
Date Convention               Following
Interest Commencement Date    18 March 2016
First Interest Payment Date   16 June 2016
ISIN No.                      ZAG000134651



Bond Code                     DVC023
Nominal Issued                R528,000,000.00
Issue Price                   100%
Coupon                        8.213%(3 Month Jibar as at 18 March 2016
                              of7.233% plus 98bps)
Coupon Rate Indicator         Floating
Trade Type                    Price
Final Maturity Date           16 March 2017
Books Close                   6 June, 6 September, 6 December and 6 March
Interest Payment Date(s)      16 June, 16 September, 16 December and 16 March
Last Day to Register          By 17:00 on 5 June, 5 September, 5 December and
                              5 March
Issue Date                    18 March 2016
Date Convention               Following
Interest Commencement Date    18 March 2016
First Interest Payment Date   16 June 2016
ISIN No.                      ZAG000134669

Bond Code                     DVC024
Nominal Issued                R192,000,000.00
Issue Price                   100%
Coupon                        8.675%
Coupon Rate Indicator         Fixed
Trade Type                    Price
Final Maturity Date           16 March 2017
Books Close                   6 March 2017
Interest Payment Date(s)      16 March 2017
Last Day to Register          By 17:00 on 5 March 2017
Issue Date                    18 March 2016
Date Convention               Following
Interest Commencement Date    18 March 2016
First Interest Payment Date   16 March 2017
ISIN No.                      ZAG000134677
Additional Information        Senior Unsecured

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:
Cynthia Heyneke                              (011) 721 7211

Debt Sponsor: The Standard Bank of South Africa Limited

Date: 18/03/2016 02:05:00 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.