DEVELOPMENT BANK OF SOUTHERN AFRICA - Tap Issue - DVFB25 - 07 June 2019

Tap Issue - DVFB25 - 07 June 2019

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

Stock Code:   DVFB25
ISIN Code:    ZAG000159922



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 07
June 2019.


INSTRUMENT TYPE:                   FLOATING RATE NOTE

Tap Amount                         R 694,000,000.00
Total Amount Following Tap Issue   R 1,554,000,000.00

Bond Code                          DVFB25
Nominal Issued                     R 694,000,000.00
Issue Price                        100.164452%
Coupon                             8.575% (3 Month JIBAR as at
                                   28 May 2019 of 7.125% plus
                                   145 bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                31 May 2024
Books Close Date(s)                18 February, 21 May, 21
                                   August, 20 November
Interest Payment Date(s)           28 February, 31 May, 31
                                   August, 30 November
Last Day to Register               By 17:00 on 17 February, 20
                                   May, 20 August, 19 November
Issue Date                         7 June 2019
Date Convention                    Following
Interest Commencement Date         31 May 2019
First Interest Date                31 August 2019
ISIN No.                           ZAG000159922
Additional Information             Senior Unsecured Floating
                                   Rate Notes
Additional terms and               N/A
conditions


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:
Nswana Mwangu          Nedbank          +27 11 2947997
Corporate Actions      JSE              +27 11 5207000


06 June 2019

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

Date: 06/06/2019 05:06:00 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.