INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - Tap Issue Announcement IDCG16

Tap Issue Announcement – IDCG16

Industrial Development Corporation of South Africa limited
(Incorporated in the Republic of South Africa)
(Registration No. 1940/014201/06)
Issuer code: IN02
Instrument code: IDCG16 ISIN: ZAG000155375
(“IDC”)


Tap Issue Announcement – IDCG16


The JSE Limited has granted a listing of financial instruments under
the IDC’s Domestic Medium Term Note Programme on the Interest Rate
Market.

Authorised programme size            R40,000,000,000.00


Full instrument details are as follows:


  INSTRUMENT TYPE:                      FLOATING RATE NOTE
  Tap Amount                            R 150,000,000.00
  Total Amount Following Tap Issue      R 490,000,000.00




  Bond Code                IDCG16

  Nominal Issued           R 150,000,000.00
  Issue Price              100.19440364%
  Coupon                   9.05% (3 Month JIBAR as at 12 February 2019
                           of 7.150% plus 190 bps)
  Coupon Rate Indicator    Floating
  Trade Type               Price
  Final Maturity Date      12 November 2025
  Books Close Date(s)      7 February, 7 May, 7 August, 7 November
  Interest Payment Date(s) 12 February, 12 May, 12 August, 12 November
  Last Day to Register     By 17:00 on 6 February, 6 May, 6 August, 6
                           November
  Issue Date               20 February 2019
  Date Convention          Following
  Interest Commencement
  Date                     20 February 2019
  First Interest Date      12 February 2019
  ISIN No.                 ZAG000155375
  Additional Information   Senior Unsecured Floating Rate Notes

Johannesburg
20 February 2019

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 20/02/2019 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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