Wrap Text
Listing of new shari’ah trust certificates – RS2029, RS2031, RS2034 and RS2036
REPUBLIC OF SOUTH AFRICA
through
The RSA Domestic Sukuk Trustee (RF) Proprietary Limited
(as trustee of The RSA Domestic Sukuk Trust)
Incorporated in the Republic of South Africa
Registration number: 2023/671880/07
Issuer code: ZA126120
Bond code: RS2029 ISIN: ZAG000201260
Bond code: RS2031 ISIN: ZAG000201278
Bond code: RS2034 ISIN: ZAG000201286
Bond code: RS2036 ISIN: ZAG000201294
("Trustee")
LISTING OF NEW SHARI'AH TRUST CERTIFICATES – RS2029, RS2031, RS2034 AND RS2036
The JSE Limited ("JSE") has granted approval for the listing, with effect from 29 November 2023, of Fixed Profit
Rate Senior Unsecured Shari'ah Trust Certificates ("Trust Certificates") under Series RS2029, RS2031,
RS2034 and RS2036, respectively, issued under the Republic of South Africa's Domestic Trust Certificate
Issuance Programme in terms of the programme memorandum dated 21 November 2023 ("Programme
Memorandum").
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 Trust Certificates".
The details pertaining to the issue of the RS2029 Trust Certificates are as follows:
Stock Code: RS2029
International Securities Identification Number ZAG000201260
(ISIN):
Form of Trust Certificate: Listed Registered Trust Certificates
Aggregate Face Amount: ZAR7,490,000,000
Issue Date: 29 November 2023
Issue Price: 100 per cent. of the Aggregate Face Amount
Profit Rate: 9.87 percent per annum payable semi-annually in arrears
First Periodic Distribution Date: 31 March 2024
Periodic Distribution Date(s): 31 March and 30 September in each year, up to and
including the relevant Dissolution Date, subject to
adjustment in accordance with the Business Day
Convention
Return Accrual Commencement Date: Issue Date
Return Accumulation Period: The period from (and including) a Periodic Distribution
Date (or the Return Accrual Commencement Date) to (but
excluding) the next (or first) Periodic Distribution Date;
provided that the first Return Accumulation Period will
commence on (and include) the Return Accrual
Commencement Date and end on (but exclude) the First
Periodic Distribution Date (each Periodic Distribution
Date as adjusted in accordance with the Business Day
Convention)
Business Day Convention: Following Business Day Convention
Last Day to Register: By 5:00 pm on 20 March and 19 September (or if such
day is not a Business Day, the Business Day immediately
preceding each Books Closed Period) in each year until
the Scheduled Dissolution Date, or if any early
redemption occurs, 10 days prior to the actual Dissolution
Date
Books Closed Period: The Register will be closed from 21 to 30 March and from
20 to 29 September (all dates inclusive) in each year until
the Scheduled Dissolution Date or if any early redemption
occurs, the actual Dissolution Date
Scheduled Dissolution Date: 31 March 2029
Dissolution Basis: Subject to any purchase and cancellation or early
redemption, the Trust Certificates will be redeemed at
100 per cent. of the Aggregate Face Amount
Aggregate outstanding Face Amount of all Trust ZAR20,386,000,000 (including this Tranche of Trust
Certificates in issue on the Issue Date of this Certificates and any other Tranche(s) of Trust Certificates
Tranche: to be issued on the Issue Date)
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/T
echnical%20information/RSA%20Domestic%20Sukuk%
20Program/Applicable%20Pricing%20Supplements/Proj
ect%20Tshepo%20-
%20%20Applicable%20Pricing%20Supplement%20(RS
2029)%20-%20Executed.pdf
The details pertaining to the issue of the RS2031 Trust Certificates are as follows:
Stock Code: RS2031
ISIN: ZAG000201278
Form of Trust Certificate: Listed Registered Trust Certificates
Aggregate Fact Amount: ZAR8,866,000,000
Issue Date: 29 November 2023
Issue Price: 100 per cent. of the Aggregate Face Amount
Profit Rate: 10.64 percent per annum payable semi-annually in
arrears
First Periodic Distribution Date: 31 March 2024
Periodic Distribution Date(s): 31 March and 30 September in each year, up to and
including the relevant Dissolution Date, subject to
adjustment in accordance with the Business Day
Convention
Return Accrual Commencement Date: Issue Date
Return Accumulation Period: The period from (and including) a Periodic Distribution
Date (or the Return Accrual Commencement Date) to (but
excluding) the next (or first) Periodic Distribution Date;
provided that the first Return Accumulation Period will
commence on (and include) the Return Accrual
Commencement Date and end on (but exclude) the First
Periodic Distribution Date (each Periodic Distribution
Date as adjusted in accordance with the Business Day
Convention)
Business Day Convention: Following Business Day Convention
Last Day to Register: By 5:00 pm on 20 March and 19 September (or if such
day is not a Business Day, the Business Day immediately
preceding each Books Closed Period) in each year until
the Scheduled Dissolution Date, or if any early
redemption occurs, 10 days prior to the actual Dissolution
Date
Books Closed Period: The Register will be closed from 21 to 30 March and from
20 to 29 September (all dates inclusive) in each year until
the Scheduled Dissolution Date or if any early redemption
occurs, the actual Dissolution Date
Scheduled Dissolution Date: 31 March 2031
Dissolution Basis: Subject to any purchase and cancellation or early
redemption, the Trust Certificates will be redeemed at
100 per cent. of the Aggregate Face Amount
Aggregate outstanding Face Amount of all Trust ZAR20,386,000,000 (including this Tranche of Trust
Certificates in issue on the Issue Date of this Certificates and any other Tranche(s) of Trust Certificates
Tranche: to be issued on the Issue Date)
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/T
echnical%20information/RSA%20Domestic%20Sukuk%
20Program/Applicable%20Pricing%20Supplements/Proj
ect%20Tshepo%20-
%20%20Applicable%20Pricing%20Supplement%20(RS
2031)%20-%20Executed.pdf
The details pertaining to the issue of the RS2034 Trust Certificates are as follows:
Stock Code: RS2034
ISIN: ZAG000201286
Form of Trust Certificate: Listed Registered Trust Certificates
Aggregate Face Amount: ZAR2,479,000,000
Issue Date: 29 November 2023
Issue Price: 100 per cent. of the Aggregate Face Amount
Profit Rate: 11.58 percent per annum payable semi-annually in
arrears
First Periodic Distribution Date: 31 March 2024
Periodic Distribution Date(s): 31 March and 30 September in each year, up to and
including the relevant Dissolution Date, subject to
adjustment in accordance with the Business Day
Convention
Return Accrual Commencement Date: Issue Date
Return Accumulation Period: The period from (and including) a Periodic Distribution
Date (or the Return Accrual Commencement Date) to (but
excluding) the next (or first) Periodic Distribution Date;
provided that the first Return Accumulation Period will
commence on (and include) the Return Accrual
Commencement Date and end on (but exclude) the First
Periodic Distribution Date (each Periodic Distribution
Date as adjusted in accordance with the Business Day
Convention)
Business Day Convention: Following Business Day Convention
Last Day to Register: By 5:00 pm on 20 March and 19 September (or if such
day is not a Business Day, the Business Day immediately
preceding each Books Closed Period) in each year until
the Scheduled Dissolution Date, or if any early
redemption occurs, 10 days prior to the actual Dissolution
Date
Books Closed Period: The Register will be closed from 21 to 30 March and from
20 to 29 September (all dates inclusive) in each year until
the Scheduled Dissolution Date or if any early redemption
occurs, the actual Dissolution Date
Scheduled Dissolution Date: 31 March 2034
Dissolution Basis: Subject to any purchase and cancellation or early
redemption, the Trust Certificates will be redeemed at
100 per cent. of the Aggregate Face Amount
Aggregate outstanding Face Amount of all Trust ZAR20,386,000,000 (including this Tranche of Trust
Certificates in issue on the Issue Date of this Certificates and any other Tranche(s) of Trust Certificates
Tranche: to be issued on the Issue Date)
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/T
echnical%20information/RSA%20Domestic%20Sukuk%
20Program/Applicable%20Pricing%20Supplements/Proj
ect%20Tshepo%20-
%20%20Applicable%20Pricing%20Supplement%20(RS
2034)%20-%20Executed.pdf
The details pertaining to the issue of the RS2036 Trust Certificates are as follows:
Stock Code: RS2036
ISIN: ZAG000201294
Form of Trust Certificate: Listed Registered Trust Certificates
Nominal Amount: ZAR1,551,000,000
Issue Date: 29 November 2023
Issue Price: 100 per cent. of the Aggregate Face Amount
Profit Rate: 11.90 percent per annum payable semi-annually in
arrears
First Periodic Distribution Date: 31 March 2024
Periodic Distribution Date(s): 31 March and 30 September in each year, up to and
including the relevant Dissolution Date, subject to
adjustment in accordance with the Business Day
Convention
Return Accrual Commencement Date: Issue Date
Return Accumulation Period: The period from (and including) a Periodic Distribution
Date (or the Return Accrual Commencement Date) to (but
excluding) the next (or first) Periodic Distribution Date;
provided that the first Return Accumulation Period will
commence on (and include) the Return Accrual
Commencement Date and end on (but exclude) the First
Periodic Distribution Date (each Periodic Distribution
Date as adjusted in accordance with the Business Day
Convention)
Business Day Convention: Following Business Day Convention
Last Day to Register: By 5:00 pm on 20 March and 19 September (or if such
day is not a Business Day, the Business Day immediately
preceding each Books Closed Period) in each year until
the Scheduled Dissolution Date, or if any early
redemption occurs, 10 days prior to the actual Dissolution
Date
Books Closed Period: The Register will be closed from 21 to 30 March and from
20 to 29 September (all dates inclusive) in each year until
the Scheduled Dissolution Date or if any early redemption
occurs, the actual Dissolution Date
Scheduled Dissolution Date: 31 March 2036
Dissolution Basis: Subject to any purchase and cancellation or early
redemption, the Trust Certificates will be redeemed at
100 per cent. of the Aggregate Face Amount
Aggregate outstanding Face Amount of all Trust ZAR20,386,000,000 (including this Tranche of Trust
Certificates in issue on the Issue Date of this Certificates and any other Tranche(s) of Trust Certificates
Tranche: to be issued on the Issue Date)
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/T
echnical%20information/RSA%20Domestic%20Sukuk%
20Program/Applicable%20Pricing%20Supplements/Proj
ect%20Tshepo%20-
%20%20Applicable%20Pricing%20Supplement%20(RS
2036)%20-%20Executed.pdf
The Trust Certificates will be dematerialised in the Central Securities Depository (CSD) and settlement will take
place electronically in terms of the JSE rules and the Strate Proprietary Limited procedures.
Pretoria
27 November 2023
Debt Sponsor
One Capital
Date: 27-11-2023 05:50:00
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