LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA - New Financial Instruments Listing and Tap Issue LBK29, LBK30, LBK31

New Financial Instruments Listing and Tap Issue LBK29, LBK30, LBK31

THE LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
Bond code: LBK30   ISIN: ZAG000154196
Bond code: LBK31   ISIN: ZAG000154204
Bond code: LBK29   ISIN: ZAG000151853

(“the Land Bank”)


New Financial Instruments Listing and Tap Issue Announcement


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        R30,000,000,000.00
Total notes in issue             R10,756,800,000.00
(excluding these issues)


Full instrument details are as follows:


Bond Code                        LBK30
ISIN                             ZAG000154196
Nominal Issued                   R306,000,000.00
Issue Price                      100.00%
Coupon Rate Indicator            Floating
Coupon                           8.383% (3 Month JIBAR as at 17
                                 September 2018 of 7.033%
                                 plus135bps)
Trade Type                       Price
Issue / Settlement Date          20 September 2018
Maturity Date                    20 September 2021
Interest Commencement Date       20 September 2018
First Interest Payment Date      20 December 2018
Interest Payment Date(s)         20 March, 20 June, 20
                                 September, 20 December of each
                                 year until the Maturity Date
Last Day to Register             By 17:00 on 9 March, 9 June, 9
                                 September, 9 December of each
                                 year until the Maturity Date
                                 (all dates inclusive)
Books Close Date(s)              10 March, 10 June, 10
                                 September, 10 December of each
                                 year until the Maturity Date
                                 (all dates inclusive)
Date Convention                  Following Business Day


Bond Code                        LBK31
ISIN                             ZAG000154204
Nominal Issued                   R920,000,000.00
Issue Price                      100.00%
Coupon Rate Indicator            Floating
Coupon                           8.983% (3 Month JIBAR as at 17
                                 September 2018 of 7.033% plus
                                 195 bps)
Trade Type                       Price
Issue / Settlement Date          20 September 2018
Maturity Date                    20 September 2023
Interest Commencement Date       20 September 2018
First Interest Payment Date      20 December 2018
Interest Payment Date(s)         20 March, 20 June, 20
                                 September, 20 December of each
                                 year until the Maturity Date
Last Day to Register             By 17:00 on 9 March, 9 June, 9
                                 September, 9 December of each
                                 year until the Maturity Date
                                 (all dates inclusive)
Books Close Date(s)              10 March, 10 June, 10
                                 September, 10 December of each
                                 year until the Maturity Date
                                 (all dates inclusive)
Date Convention                  Following Business Day
  


 Tap Amount                       R 274,000,000.00

 Total Amount Following Tap Issue R 774,000,000.00



   Bond Code                         LBK29
   ISIN No.                          ZAG000151853
   Nominal Issued                    R 274,000,000.00
   Issue Price                       100.48906%
   Coupon                            9.715% per annum payable semi-
                                     annually in arrears
   Coupon Rate Indicator             Fixed
   Trade Type                        Yield
   Issue Date                        20 September 2018
   Maturity Date                     7 June 2023
   Interest Commencement Date        7 June 2018
   First Interest Date               7 December 2018
   Interest Payment Date(s)          7 June, 7 December of each year
                                     until the Maturity Date
   Last Day to Register              By 17:00 on28 May, 28 November
                                     of each year until the Maturity
                                     Date (all dates inclusive)
   Books Close                       29 May, 29 November of each
                                     year until the Maturity Date
                                     (all dates inclusive)




Centurion
19 September 2018

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 19/09/2018 02:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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