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Listing of new financial instruments – R2033 and R2038
REPUBLIC OF SOUTH AFRICA
Department of National Treasury
Issuer code: BIRSA
("National Treasury")
LISTING OF NEW FINANCIAL INSTRUMENTS – R2033 AND R2038
The JSE Limited ("JSE") has granted approval for the listing of Fixed Rate Notes ("Notes") under series
R2033 (10.000%: 2033) and R2038 (10.875%: 2038), respectively, issued under the Republic of South Africa's
Domestic Multi Term Note Programme dated 9 September 2019, as updated, supplemented and amended from
time to time ("Programme Memorandum"), with effect from 13 September 2024.
Any capitalised terms not defined in this announcement shall have the meanings ascribed thereto in the section
of the Programme Memorandum headed "Terms and Conditions of the Notes".
The details pertaining to the issue of the R2033 Notes are as follows:
Instrument Code: R2033
International Securities Identification Number ZAG000208372
(ISIN):
Instrument Type: Fixed Rate Notes
Nominal Amount: ZAR1,250,000,000.00
Issue Date: 13 September 2024
Issue Price: AIP (104.6951)
CP (100.1472)
Interest Rate: 10.000 percent per annum payable semi-annually in
arrears on each Interest Payment Date
Coupon Rate Indicator: Fixed Rate
Interest Commencement Date: 31 March 2024
Interest Payment Date(s): 30 September and 31 March of each year up to and
including the Maturity Date or, if such day is not a
Business Day, the Business Day on which the interest will
be paid, as determined in accordance with the applicable
Business Day Convention, with the First Interest Payment
Date being 30 September 2024
Interest Rate Determination Date(s): 30 September and 31 March (for the first Business Day of
each Interest Period) of each year until the Maturity Date
with the first Interest Rate Determination Date being
10 September 2024
Business Day Convention: Following Business Day
Last Day to Register: By 17h00 on 19 September and 20 March of each
calendar year until the Maturity Date or if such day is not
a Business Day, the Business Day immediately preceding
each Books Closed Period, which shall mean that the
Register will be closed from the date following each Last
Day to Register to the next applicable Interest Payment
Day or 10 (ten) days prior to the date on which the notes
are redeemed
Books Closed Period: The Register will be closed from 20 to 30 September and
21 to 31 March (all dates inclusive) of each year until the
Maturity Date
Maturity Date: 31 March 2033
Final Redemption Amount: 100% of nominal issued
Total Notes in Issue as at 9 September 2024: ZAR3,849,090,030,328.39 (excluding the issuance of the
R2033 and R2038 Notes)
Other: The applicable pricing supplement ("APS") does not
contain additional terms and conditions or changes to the
terms and conditions as contained in the Programme. The
APS is available on the National Treasury's website:
https://investor.treasury.gov.za/Auction%20Information/F
orms/AllItems.aspx?RootFolder=%2FAuction%20Inform
ation%2FTerms%20and%20conditions%20of%20issue
%2FFixed%2Drate%20bonds&FolderCTID=0x01200063
A18B7D3C6F8049B5DA3C65F0DCE79E&View={74AD
58DF-A37B-4686-B839-618B7AC1674F}
The details pertaining to the issue of the R2038 Notes are as follows:
Instrument Code: R2038
ISIN: ZAG000208364
Instrument Type: Fixed Rate Notes
Nominal Amount: ZAR1,250,000,000.00
Issue Date: 13 September 2024
Issue Price: AIP (104.7103)
CP (99.7644)
Interest Rate: 10.875 percent per annum payable semi-annually in
arrears on each Interest Payment Date
Coupon Rate Indicator: Fixed Rate
Interest Commencement Date: 31 March 2024
Interest Payment Date(s): 30 September and 31 March of each year up to and
including the Maturity Date or, if such day is not a
Business Day, the Business Day on which the interest will
be paid, as determined in accordance with the applicable
Business Day Convention, with the First Interest Payment
Date being 30 September 2024
Interest Rate Determination Date(s): 30 September and 31 March (for the first Business Day of
each Interest Period) of each year until the Maturity Date
with the first Interest Rate Determination Date being
10 September 2024
Business Day Convention: Following Business Day
Last Day to Register: By 17h00 on 19 September and 20 March of each
calendar year until the Maturity Date or if such day is not
a Business Day, the Business Day immediately preceding
each Books Closed Period, which shall mean that the
Register will be closed from the date following each Last
Day to Register to the next applicable Interest Payment
Day or 10 (ten) days prior to the date on which the notes
are redeemed
Books Closed Period: The Register will be closed from 20 to 30 September and
21 to 31 March (all dates inclusive) of each year until the
Maturity Date
Maturity Date: 31 March 2038
Final Redemption Amount: 100% of nominal issued
Total Notes in Issue as at 9 September 2024: ZAR3,849,090,030,328.39 (excluding the issuance of the
R2033 and R2038 Notes)
Other: The APS does not contain additional terms and conditions
or changes to the terms and conditions as contained in
the Programme. The APS is available on the National
Treasury's website:
https://investor.treasury.gov.za/Auction%20Information/F
orms/AllItems.aspx?RootFolder=%2FAuction%20Inform
ation%2FTerms%20and%20conditions%20of%20issue
%2FFixed%2Drate%20bonds&FolderCTID=0x01200063
A18B7D3C6F8049B5DA3C65F0DCE79E&View={74AD
58DF-A37B-4686-B839-618B7AC1674F}
The Notes will be dematerialised in the Central Securities Depository (CSD) and settlement will take place
electronically in terms of the JSE rules.
T Msomi
Director: Debt Issuance & Management
012 315 5753 / +27 66 289 2492
Pretoria
12 September 2024
Debt Sponsor
One Capital
Date: 12-09-2024 01:40:00
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