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LAND & AGRICULTURAL DEV BANK OF SA - LBK19-New Financial Listing

Release Date: 22/03/2017 13:57
Code(s): LBK19     PDF:  
Wrap Text
LBK19-New Financial Listing

LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
Stock Code: LBK19   ISIN: ZAG000142977
(“the Land Bank”)

Tap Issue

The JSE Limited has granted a financial instrument listing to Land
Bank-”LBK19”   Senior  Unsecured   Floating   Rate   Notes under its
R20,000,000,000.00 Domestic Medium Term Note Programme.


INSTRUMENT TYPE:              FLOATING RATE NOTE

Bond Code                     LBK19

Nominal Issued                R 600,000,000.00

Issue Price                   100%

Coupon                        8.733% (3 Month JIBAR as at 22 March 2017 of
                              7.333% plus 140 bps)

Coupon Rate Indicator         Floating

Trade Type                    Price

Final Maturity Date           23 March 2018

Books Close Date(s)           13 March, 13 June, 13 September and 13 December

Interest Payment Date(s)      23 March, 23 June, 23 September and 23 December

Last Day to Register          By 17:00 on 12 March, 12 June, 12 September, 12
                              December

Issue Date                    23 March 2017

Date Convention               Following

Interest Commencement Date    23 March 2017

First Interest Payment Date   23 June 2017

ISIN No.                      ZAG000142977

Additional Information        Senior Unsecured Floating Rate Notes




22 March 2017
Debt Sponsor
The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Kea Sape        SBSA                  (011) 344 5674

Date: 22/03/2017 01:57:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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