DEVELOPMENT BANK OF SOUTHERN AFRICA - DIDBS - Listing of New Financial Instruments

DIDBS - Listing of New Financial Instruments

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: DVFB24        ISIN: ZAG000182502
Bond Code: DVFC26        ISIN: ZAG000182510
Bond Code: DVFC28        ISIN: ZAG000182528
(“DBSA or the “Bank”)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted DBSA the listing of its DVFB24, DFVC26 and DVFC28 Senior Unsecured
Floating Rate Notes, in terms of its Domestic Medium Term Note Programme (the “Programme”)
dated 14 December 2015, as amended from time to time, effective 15 December 2021.

Type of Debt Security:                     Floating Rate Notes

Debt Security Code:                         DVFB24
ISIN:                                       ZAG000182502
Nominal Issued:                             ZAR 447 000 000
Coupon Rate:                                3-month JIBAR plus 230 basis points
Maturity Date:                              15 December 2024

Debt Security Code:                         DVFC26
ISIN:                                       ZAG000182510
Nominal Issued:                             ZAR 222 000 000
Coupon Rate:                                3-month JIBAR plus 265 basis points
Maturity Date:                              15 December 2026

Debt Security Code:                         DVFC28
ISIN:                                       ZAG000182528
Nominal Issued:                             ZAR 105 000 000
Coupon Rate:                                3-month JIBAR plus 290 basis points
Maturity Date:                              15 December 2028

Issue Date:                                 15 December 2021
Issue Price:                                100%
Interest Commencement Date:                 15 December 2021
Interest Rate Determination Date(s):        The first day of each Interest Period, with the first Rate
                                            Determination Date being 10 December 2021
First Interest Payment Date:                15 March 2022
Interest Payment Date(s):                   15 March, 15 June, 15 September and 15 December of
                                            each year until the Maturity Date
Last Day to Register:                       By 17h00 on 4 March, 4 June, 4 September and 4
                                            December of each year until the Maturity Date
Books Close:                                5 March, 5 June, 5 September and 5 December of each
                                            year until the Maturity Date
Business Day Convention:                    Following Business Day
Final Redemption Amount:                    The aggregate Outstanding Principal Amount of this
                                            Tranche plus interest accrued (if any) to the Maturity
                                            Date
Other:                                      The pricing supplements contain additional terms and
                                            conditions
Summary of Additional Terms:                Please refer to the issuer optional early redemption
                                            following a tax event, the noteholder optional
                                            redemption following a change of control event, the
                                            early termination amount, the action following an
                                            event of default, and the additional disclosures
                                            provisions contained in the pricing supplements

Programme Amount:                           ZAR 80 000 000 000
Total Notes in Issue Under Programme:       ZAR 23 837 416 000, exclusive of these issuances of
                                            notes
Dealer:                                     FirstRand Bank Limited, acting through its Rand
                                            Merchant Bank division

14 December 2021

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

Date: 14-12-2021 01:42:00
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