DEVELOPMENT BANK OF SOUTHERN AFRICA - Tap Issue DVF24

Tap Issue DVF24

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

Stock Code:   DVF24
ISIN Code:    ZAG000147638



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 03
September 2019.




INSTRUMENT TYPE:                   FLOATING RATE NOTE

Tap Amount                         R 600,000,000.00
Total Amount Following Tap Issue   R 838,000,000.00

Bond Code                          DVF24
Nominal Issued                     R 600,000,000.00
Issue Price                        102,440972%
Coupon                             8.63% (3 Month JIBAR as at
                                   23 July 2019 of 6.85% plus
                                   178 bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                23 October 2024
Books Close Date(s)                13 January, 13 April, 13
                                   July, 13 October
Interest Payment Date(s)           23 January, 23 April, 23
                                   July, 23 October
Last Day to Register               By 17:00 on 12 January, 12
                                   April, 12 July, 12 October
Issue Date                         3 September 2019
Date Convention                    Following
Interest Commencement Date         23 July 2019
First Interest Date                23 January 2018
ISIN No.                           ZAG000147638
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


03 September 2019

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

Date: 03/09/2019 03:22:00
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