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New Financial Instruments Listing Announcement: New Listings (LBK25, LBK26 & LBK27)
THE LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
Bond code: LBK25 ISIN: ZAG000150319
Bond code: LBK26 ISIN: ZAG000150327
Bond code: LBK27 ISIN: ZAG000150335
(“the Land Bank”)
New Financial Instruments Listing Announcement: New Listings (LBK25,
LBK26 & LBK27)
The JSE Limited has granted a listing of financial instruments under
the Land Bank’s Domestic Medium Term Note Programme on the Interest
Rate Market.
Authorised programme size R20,000,000,000.00
Total notes in issue R9,489,800,000.00
(excluding these issues)
Total notes in issue R11,504,800,000.00
(including these issues)
Full instrument details are as follows:
Bond Code LBK25
ISIN ZAG000150319
Nominal Issued R500,000,000.00
Issue Price 100.00%
Coupon Rate Indicator Floating
Coupon 3 months ZAR JIBAR plus a
margin of 110 bps
Trade Type Price
Issue / Settlement Date 23 March 2018
Maturity Date 25 March 2019
Interest Commencement Date 23 March 2018
First Interest Payment Date 25 June 2018
Interest Payment Date(s) 25 March, 25 June, 25 September
and 25 December of each year
until the Maturity Date
Last Day to Register By 17:00 on 14 March, 14 June,
14 September and 14 December of
each year until the Maturity
Date (all dates inclusive)
Books Close Date(s) From 15 March to 24 March, 15
June to 24 June, 15 September
to 24 September and from 15
December to 24 December of each
year until the Maturity Date
(all dates inclusive)
Date Convention Following Business Day
Bond Code LBK26
ISIN ZAG000150327
Nominal Issued R245,000,000.00
Issue Price 100.00%
Coupon Rate Indicator Floating
Coupon 3 months ZAR JIBAR plus a
margin of 149 bps
Trade Type Price
Issue / Settlement Date 23 March 2018
Maturity Date 23 March 2021
Interest Commencement Date 23 March 2018
First Interest Payment Date 23 June 2018
Interest Payment Date(s) 23 March, 23 June, 23 September
and 23 December of each year
until the Maturity Date
Last Day to Register By 17:00 on 12 March, 12 June,
12 September and 12 December of
each year until the Maturity
Date (all dates inclusive)
Books Close Date(s) From 13 March to 22 March, 13
June to 22 June, 13 September
to 22 September and from 13
December to 22 December of each
year until the Maturity Date
(all dates inclusive)
Date Convention Following Business Day
Bond Code LBK27
ISIN ZAG000150335
Nominal Issued R1,270,000,000.00
Issue Price 100.00%
Coupon Rate Indicator Floating
Coupon 3 months ZAR JIBAR plus a
margin of 215 bps
Trade Type Price
Issue / Settlement Date 23 March 2018
Maturity Date 23 March 2023
Interest Commencement Date 23 March 2018
First Interest Payment Date 23 June 2018
Interest Payment Date(s) 23 March, 23 June, 23 September
and 23 December of each year
until the Maturity Date
Last Day to Register By 17:00 on 12 March, 12 June,
12 September and 12 December of
each year until the Maturity
Date (all dates inclusive)
Books Close Date(s) From 13 March to 22 March, 13
June to 22 June, 13 September
to 22 September and from 13
December to 22 December of each
year until the Maturity Date
(all dates inclusive)
Date Convention Following Business Day
Centurion
23 March 2018
Debt Sponsor
The Standard Bank of South Africa Limited
Date: 23/03/2018 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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