DEVELOPMENT BANK OF SOUTHERN AFRICA - DV27 - Listing of New Financial Instrument

DV27 - Listing of New Financial Instrument

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: DV27          ISIN: ZAG000183351
(“DBSA or the “Bank”)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted DBSA the listing of its DV27 Senior Unsecured Fixed Rate Notes, in terms
of its Domestic Medium Term Note Programme (the “Programme”) dated 14 December 2015, as
amended from time to time, effective 2 February 2022.

Debt security code:                         DV27
ISIN:                                       ZAG000183351
Type of debt security:                      Fixed rate notes
Nominal issued:                             ZAR 500 000 000
Issue date:                                 2 February 2022
Issue price:                                100% of par
Coupon rate:                                9.415% nacs
First interest payment date:                2 August 2022
Interest payment date(s):                   2 August and 2 February of each year until the Maturity Date
Interest commencement date:                 2 February 2022
Last day to register:                       By 17:00 on 22 January and 22 July of each year until the
                                            Maturity Date
Books close:                                23 January and 23 July of each year until the Maturity Date
Business day convention:                    Following Business Day
Maturity date:                              2 February 2027
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
Total Notes in Issue Under Programme:       ZAR 23 558 080 517, exclusive of DV27 issuance of notes

Dealer:                                     FirstRand Bank Limited, acting through its Rand
                                            Merchant Bank division

1 February 2022

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 01-02-2022 02:45:00
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