DEVELOPMENT BANK OF SOUTHERN AFRICA - Tap Issue - DVFB26 - 30 September 2019

Tap Issue - DVFB26 - 30 September 2019

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

Stock Code:   DVFB26
ISIN Code:    ZAG000159906



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 30
September 2019.




INSTRUMENT TYPE:              FLOATING RATE NOTE

Tap Amount                         R 700,000,000.00
Total Amount Following Tap Issue   R 980,000,000.00

Bond Code                     DVFB26
Nominal Issued                R 700,000,000.00
Issue Price                   100.996976%
Coupon                        8.448% (3 Month JIBAR as at 02
                              September 2019 of 6.808% plus
                              164 bps)
Coupon Rate Indicator         Floating
Trade Type                    Price
Final Maturity Date           31 May 2026
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                    30 September 2019
Date Convention               Following
Interest Commencement Date    31 August 2019
First Interest Date           31 August 2019
ISIN No.                      ZAG000159906
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:


Denzil Michel Bagley   Nedbank           +27 11 2947997
Corporate Actions      JSE               +27 11 5207000


30 September 2019

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

Date: 30/09/2019 04:10:00
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