Wrap Text
DVF27 DVF28 DVFB31 - Listing Of New Financial Instrument And Tap Issues
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: DVF27 ISIN: ZAG000158213
Bond Code: DVF28 ISIN: ZAG000193384
Bond Code: DVFB31 ISIN: ZAG000170259
(“DBSA” or the “Bank”)
LISTING OF NEW FINANCIAL INSTRUMENT AND TAP ISSUES
The JSE Limited has granted DBSA the new and additional listings of its Senior Unsecured Floating Rate
Notes, in terms of its Domestic Medium Term Note Programme memorandum dated 14 December
2015 (the “2015 Programme”), as amended from time to time, effective 2 February 2023.
Type of Debt Security: Floating Rate Notes
Debt security code: DVF28
ISIN: ZAG000193384
Nominal issued: ZAR 218 000 000
Issue price: 100% of the aggregate Principal Amount of this Tranche
Coupon Rate: 3-month JIBAR plus 195 basis points
First interest payment date: 2 May 2023
Interest payment date(s): 2 February, 2 May, 2 August and 2 November of each year
until the Maturity Date
Interest commencement date: 2 February 2023
Rate Determination Date(s): The first day of each Interest Period, with the first Rate
Determination Date being 30 January 2023
Last day to register: By 17:00 on 22 January, 21 April, 22 July and 22 October of
each year until the Maturity Date
Books close: 23 January, 22 April, 23 July and 23 October of each year until
the Maturity Date
Maturity date: 2 February 2028
Debt Security Code: DVF27
ISIN: ZAG000158213
Nominal Before Issue: ZAR 776 000 000
Nominal Issued: ZAR 520 000 000
Nominal After Issue: ZAR 1 296 000 000
Issue Price: 99.68851% of the aggregate Principal Amount of this
Tranche
Coupon Rate: 3-month JIBAR plus 183 basis points
Interest Commencement Date: 2 January 2023
Rate Determination Date(s): The first day of each Interest Period, provided that the
first Rate Determination Date shall be 2 January 2023
First Interest Payment Date: 2 April 2023
Interest Payment Date(s): 2 April, 2 July, 2 October and 2 January of each year until
the Maturity Date
Last Day to Register: By 17h00 on 22 March, 22 June, 22 September and 22
December of each year until the Maturity Date
Books Close: 23 March, 23 June, 23 September and 23 December of
each year until the Maturity Date
Maturity Date: 2 April 2029
Debt Security Code: DVFB31
ISIN: ZAG000170259
Nominal Before Issue: ZAR 901 000 000
Nominal Issued: ZAR 262 000 000
Nominal After Issue: ZAR 1 163 000 000
Issue Price: 104.22158% of the aggregate Principal Amount of this
Tranche
Coupon Rate: 3-month JIBAR plus 275 basis points
Interest Commencement Date: 21 November 2022
Rate Determination Date(s): The first day of each Interest Period, provided that the
first Rate Determination Date shall be 21 November 2022
First Interest Payment Date: 21 February 2023
Interest Payment Date(s): 21 February, 21 May, 21 August and 21 November of
each year until the Maturity Date
Last Day to Register: By 17h00 on 10 February, 10 May, 10 August and 10
November of each year until the Maturity Date
Books Close: 11 February, 11 May, 11 August and 11 November of
each year until the Maturity Date
Maturity Date: 21 August 2025
Issue Date: 2 February 2023
Business Day Convention: Following Business Day
Final Maturity 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 80 000 000 000.00
Total Notes in Issue Under Programme: ZAR 21 372 460 610.00 exclusive of these issuances
of notes
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
01 February 2023
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 01-02-2023 03:59:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
