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DEVELOPMENT BANK OF SOUTHERN AFRICA - Tap Issue Listing Announcement - DVF18

Release Date: 16/03/2015 11:30
Code(s): DVF18     PDF:  
Wrap Text
Tap Issue Listing Announcement - DVF18

DEVELOPMENT BANK OF SOUTHERN AFRICA LIMITED
Dated: 16 March 2015
Stock Code: DVF18
ISIN Code: ZAG000120239

Tap Issue Listing Announcement

The JSE Limited has granted a listing to Development Bank of
Southern Africa Limited – DVF18 Senior Unsecured Floating Rate
Notes due 30 March 2018, under its Domestic Medium Term Note
Programme dated 21 January 2008.


Authorised Programme size                      R35,000,000,000.00
Total notes issued (excluding this issue)      R27,712,000,000.00

Full note details are as follows:

Nominal Issued:                  R447,000,000.00
Issue Price:                     101.04880%
Coupon Indicator:                Floating Rate
Trade Type:                      Price
Floating Interest Rate:          3 Month JIBAR as at 17 March 2015
                                 plus 125bps
Maturity Date:                   30 March 2018
Interest Commencement Date:      30 December2014
First Interest Payment Date:     30 March 2015
Interest Payment Dates:          30 March, 30 June, 30 September
                                 and 30 December each year until
                                 the Maturity Date
Books Close:                     20 March, 20 June, 20 September
                                 and 20 December each year to the
                                 Maturity Date
Last day to register:            By 17:00 on 19 March, 19 June, 19
                                 September and 19 December each
                                 year until the Maturity Date
Settlement Date:                 17 March 2015
Placement Agent:                 The Standard Bank of South Africa
                                 Limited

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

For further information on the notes issued please contact:
Alexi Contogiannis                                (011) 721 8003

Sponsor: The Standard Bank of South Africa Limited

Date: 16/03/2015 11:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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