LAND & AGRICULTURAL DEV BANK OF SA - New Financial Instruments Listing Announcement Tap Issues

New Financial Instruments Listing Announcement – Tap Issues

THE LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
Bond code: LBK20   ISIN: ZAG000144627
Bond code: LBK21   ISIN: ZAG000146309
(“the Land Bank”)


New Financial Instruments Listing Announcement – Tap Issues


The JSE Limited has granted a listing of new financial instruments
(Tap Issue of LBK20 and 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             R7,493,000,000.00
(excluding these issues)
Total notes in issue             R7,945,000,000.00
(including these issues)

Full instrument details are as follows:

INSTRUMENT TYPE                  FIXED RATE NOTE
Bond Code                        LBK20
ISIN                             ZAG000144627
Nominal Issued                   R145,000,000
Issue Price                      105.16226%
Coupon Rate Indicator            Fixed
Coupon                           10.20%
Trade Type                       Yield
Issue Date                       18 September 2017
Maturity Date                    8 June 2022
Interest Commencement Date       8 June 2017
First Interest Payment Date      8 December 2017
Interest Payment Date(s)         8 June and 8 December in each
                                 year until the Maturity Date
Last Day to Register             By 17:00 on 28 May and 27
                                 November in each year until the
                                 Maturity Date (all dates
                                 inclusive)
Books Close Date(s)              From 29 May to 7 June and 28
                                 November to 7 December in each
                                 year until the Maturity Date
                                 (all dates inclusive)
Date Convention                  Following Business Day


INSTRUMENT TYPE                  FLOATING RATE NOTE
Bond Code                        LBK21
ISIN                             ZAG000146309
Nominal Issued                   R307,000,000
Issue Price                      100.31452%
Coupon Rate Indicator            Floating
Coupon                           3 months ZAR JIBAR plus a
                                 margin of 115 bps
Trade Type                       Price
Issue Date                       18 September 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
18 September 2017

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 18/09/2017 04:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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