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DEVELOPMENT BANK OF SOUTHERN AFRICA - DVF19-Tap Issue

Release Date: 18/11/2016 08:00
Code(s): DVF19     PDF:  
Wrap Text
DVF19-Tap Issue

DEVELOPMENT BANK OF SOUTHERN AFRICA LIMITED
Stock Code: DVF019
ISIN Code: ZAG000137035

Dated: 18 November 2016

Tap Issue Announcement



The JSE Limited has granted an additional financial instrument listing
to Development Bank of Southern Africa Limited – DVF19 Senior
Unsecured Floating Rate Notes, under its Domestic Medium Term Note
Programme dated 14 December 2015.

Authorised Programme size               R80, 000,000,000.00

Full note details are as follows:

Tap Amount                              R50, 000,000.00

Amount Following Tap issue              R1, 950,000,000.00



Bond Code                               DVF19

Nominal Issued                          R50, 000,000.00

Issue Price                             100.10695449%

Coupon                                  8.858% (3 Month JIBAR as at 31 August 2016 of
                                        7.358% plus 150 bps)

Coupon Rate Indicator                   Floating

Trade Type                              Price

Final Maturity Date                     31 May 2019

Books Close                             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

Tap Issue Date                          18 November 2016

Date Convention                         Following

Interest Commencement Date              31 August 2016
First Interest Payment Date             31 November 2016

ISIN No.                                ZAG000137035

Additional Information                  Senior Unsecured Floating Rate Notes




For further information on the notes issued please contact:
Kea Sape                              (011) 344 7654

Debt Sponsor: The Standard Bank of South Africa Limited

Date: 18/11/2016 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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