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DEVELOPMENT BANK OF SOUTHERN AFRICA - Tap Issue-DVF21

Release Date: 23/01/2017 15:45
Code(s): DVF21     PDF:  
Wrap Text
Tap Issue-DVF21

DEVELOPMENT BANK OF SOUTHERN AFRICA LIMITED

Stock Code: DVF21
ISIN Code: ZAG000141094


Dated: 23 January 2017


Listing Announcement


The JSE Limited has granted a financial instrument listing to
Development Bank of Southern Africa Limited –DVF21 Senior Unsecured
Floating Rate Note, 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                                R 400,000,000.00

Total Amount Following Tap Issue          R 1,150,000,000.00



Bond Code                    DVF21

Nominal Issued               R 400,000,000.00

Issue Price                  101.40046%

Coupon                       9.128% (3 Month JIBAR as at 24 November 2016 of
                             7.358% plus 177 bps)

Coupon Rate Indicator        Floating

Trade Type                   Price

Final Maturity Date          29 November 2021

Books Close Date(s)          18 February, 19 May, 19 August, 19 November

Interest Payment Date(s)     28 February, 29 May, 29 August, 29 November

Last Day to Register         By 17:00 on 17 February, 18 May, 18 August, 18
                             November

Issue Date                   24 January 2017
Date Convention              Following

Interest Commencement Date   29 November 2016

First Interest Date          28 February 2017

ISIN No.                     ZAG000141094

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: 23/01/2017 03:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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