DEVELOPMENT BANK OF SOUTHERN AFRICA - New Financial Instrument Listing - DVC031

New Financial Instrument Listing - DVC031

Development Bank of Southern Africa Limited
Registration number : 1600157FN
(“DBSA” or the “Issuer”)


Stock Code:   DVC031
ISIN Code:    ZAG000165291



New Financial Instrument Listing Announcement:


The JSE Limited has granted a listing to DEVELOPMENT BANK OF
SOUTHERN AFRICA on Interest Rate Market with effect from 17
December 2019.

Authorised Programme size       R80,000,000,000.00
Total Notes Outstanding         R29,262,572,634.00(including       the
                                issuances noted below)

INSTRUMENT TYPE:                FLOATING RATE NOTE

Bond Code                       DVC031
Nominal Issued                  R 200,000,000.00
Issue Price                     100%
Coupon                          7.7% (3 Month JIBAR as at 11 Dec
                                2019 of 6.8% plus 90 bps)
Coupon Rate Indicator           Floating
Trade Type                      Price
Final Maturity Date             17 December 2020
Books Close Date(s)             7 March, 7 June, 7 September, 7
                                December
Interest Payment Date(s)        17 March, 17 June, 17 September,
                                17 December
Last Day to Register            By 17:00 on 6 March, 6 June, 6
                                September, 6 December
Issue Date                      17 December 2019
Date Convention                 Following
Interest Commencement Date      17 December 2019
First Interest Payment Date     17 March 2020
ISIN No.                        ZAG000165291
Additional Information          Senior, Unsecured
Additional terms and            N/A
conditions
Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/
                         BondDocuments/DVC031%20Pricing%20Supp
                         lement%2017122019%20.pdf


The note will be dematerialised in the Central Securities
Depository   (“CSD”)   and   settlement   will   take   place
electronically in terms of JSE Rules. For further information
on the Note issue please contact:


Denzil Bagley          Nedbank           +27 10 2348711
Corporate Actions      JSE               +27 11 5207000


17 December 2019

Sponsor: Nedbank Corporate and Investment Bank, a division of
Nedbank Limited

Date: 17-12-2019 12:40:00
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