LAND & AGRICULTURAL DEV BANK OF SA - Tap Issue

Tap Issue

LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
Stock Code: LBK19   ISIN: ZAG000142977
(“the Land Bank”)

Tap Issue

The JSE Limited has granted a financial instrument listing to Land
Bank-”LBK19”   Senior  Unsecured   Floating   Rate   Notes under its
R20,000,000,000.00 Domestic Medium Term Note Programme.


INSTRUMENT TYPE:                   FLOATING RATE NOTE




Tap Amount                         R 155,000,000.00

Total Amount Following Tap Issue   R 755,000,000.00




Bond Code                          LBK19

Nominal Issued                     R 155,000,000.00

Issue Price                        100.489249%

Coupon                             8.733% (3 Month JIBAR as at 22 March 2017 of
                                   7.333% plus 140 bps)

Coupon Rate Indicator              Floating

Trade Type                         Price

Final Maturity Date                23 March 2018

Books Close Date(s)                13 March, 13 June, 13 September and 13 December

Interest Payment Date(s)           23 March, 23 June, 23 September and 23 December

Last Day to Register               By 17:00 on 12 March, 12 June, 12 September, 12
                                   December

Issue Date                         13 April 2017

Date Convention                    Following

Interest Commencement Date         23 March 2017

First Interest Payment Date        23 June 2017
ISIN No.                  ZAG000142977

Additional Information    Senior Unsecured Floating Rate Notes




13 April 2017
Debt Sponsor
The Standard Bank of South Africa Limited

For further information on the Notes issued please contact:
Kea Sape        SBSA                  (011) 344 5674

Date: 13/04/2017 01:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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