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Listing of new financial instruments - I2043 and I2058
REPUBLIC OF SOUTH AFRICA
Department of National Treasury
Issuer code: BIRSA
(“National Treasury”)
LISTING OF NEW FINANCIAL INSTRUMENTS – I2043 AND I2058
The JSE Limited (“JSE”) has granted approval for the listing of Inflation Linked Notes (“Notes”) under series
I2043 and I2058, respectively, issued under the Republic of South Africa’s Domestic Multi Term Note Programme
dated 9 September 2019, as updated, supplemented and amended from time to time (“Programme
Memorandum”), with effect from 20 September 2023.
Any capitalised terms not defined in this announcement shall have the meanings ascribed thereto in the section
of the Programme Memorandum headed “Terms and Conditions of the Notes”.
The details pertaining to the issue of the I2043 Notes are as follows:
Instrument Code: I2043
International Securities Identification Number ZAG000199324
(ISIN):
Instrument Type: Inflation Linked Notes
Nominal Amount: ZAR 50,000,000.00
Issue Date: 20 September 2023
Issue Price: AIP (100.52117)
CP (99.80507)
Interest Rate: 5.125 percent per annum payable semi-annually in
arrears on each Interest Payment Date
Base Reference CPI: 109.726 666 666 666 66
Coupon Rate Indicator: Fixed Rate
Interest Commencement Date: 31 July 2023
Interest Payment Date(s): 31 July and 31 January of each year up to and including
the Maturity Date or, if such day is not a Business Day,
the Business Day on which the interest will be paid, as
determined in accordance with the applicable Business
Day Convention, with the First Interest Payment Date
being 31 January 2024
Interest Rate Determination Date(s): 31 July and 31 January (for the first Business Day of each
Interest Period) of each year until the Maturity Date with
the first Interest Rate Determination Date being
15 September 2023
Business Day Convention: Following Business Day
Last Day to Register: By 17h00 on 20 July and 20 January of each calendar
year until the Maturity Date or if such day is not a
Business Day, the Business Day immediately preceding
each Books Closed Period, which shall mean that the
Register will be closed from the date following each Last
Day to Register to the next applicable Interest Payment
Day or 10 (ten) days prior to the date on which the notes
are redeemed
Books Closed Period: The Register will be closed from 21 to 31 July and 21 to
31 January (all dates inclusive) of each year until the
Maturity Date
Maturity Date: 31 January 2043
Final Redemption Amount: 100% of nominal issued
Total Notes in Issue as at 14 September 2023: ZAR 3 475 149 378 211.39 (excluding the issuance of the
I2043 and I2058 Notes)
Other: The applicable pricing supplement (“APS”) does not
contain additional terms and conditions or changes to the
terms and conditions as contained in the Programme. The
APS is available on the National Treasury’s website:
https://investor.treasury.gov.za/Auction%20Information/F
orms/AllItems.aspx?RootFolder=%2FAuction%20Inform
ation%2FTerms%20and%20conditions%20of%20issue
%2FInflation%2Dlinked%20bonds&FolderCTID=0x0120
0063A18B7D3C6F8049B5DA3C65F0DCE79E&View={7
4AD58DF-A37B-46
The details pertaining to the issue of the I2058 Notes are as follows:
Instrument Code: I2058
ISIN: ZAG000199316
Instrument Type: Inflation Linked Notes
Nominal Amount: ZAR 80,000,000.00
Issue Date: 20 September 2023
Issue Price: AIP (100.14324)
CP (99.42714)
Interest Rate: 5.125 percent per annum payable semi-annually in
arrears on each Interest Payment Date
Base Reference CPI: 109.726 666 666 666 66
Coupon Rate Indicator: Fixed Rate
Interest Commencement Date: 31 July 2023
Interest Payment Date(s): 31 July and 31 January of each year up to and including
the Maturity Date or, if such day is not a Business Day,
the Business Day on which the interest will be paid, as
determined in accordance with the applicable Business
Day Convention
Interest Rate Determination Date(s): 31 July and 31 January (for the first Business Day of each
Interest Period) of each year until the Maturity Date with
the first Interest Rate Determination Date being 15
September 2023
Business Day Convention: Following Business Day
Last Day to Register: By 17h00 on 20 July and 20 January of each calendar
year until the Maturity Date or if such day is not a
Business Day, the Business Day immediately preceding
each Books Closed Period, which shall mean that the
Register will be closed from the date following each Last
Day to Register to the next applicable Interest Payment
Day or 10 (ten) days prior to the date on which the notes
are redeemed
Books Closed Period: The Register will be closed from 21 to 31 July and 21 to
31 January (all dates inclusive) of each year until the
Maturity Date
Maturity Date: 31 January 2058
Final Redemption Amount: 100% of nominal issued
Total Notes in Issue as at 14 September 2023: ZAR 3 475 149 378 211.39 (excluding the issuance of the
I2043 and I2058 Notes)
Other: The APS does not contain additional terms and conditions
or changes to the terms and conditions as contained in
the Programme. The APS is available on the National
Treasury’s website:
https://investor.treasury.gov.za/Auction%20Information/F
orms/AllItems.aspx?RootFolder=%2FAuction%20Inform
ation%2FTerms%20and%20conditions%20of%20issue
%2FInflation%2Dlinked%20bonds&FolderCTID=0x0120
0063A18B7D3C6F8049B5DA3C65F0DCE79E&View={7
4AD58DF-A37B-46
The Notes will be dematerialised in the Central Securities Depository (CSD) and settlement will take place
electronically in terms of the JSE rules.
T Msomi
Director: Debt Issuance & Management
012 315 5136
Pretoria
19 September 2023
Debt Sponsor
One Capital
Date: 19-09-2023 04:15:00
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