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THE LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA - Tap Issues-LBK33 and LBK35

Release Date: 25/04/2019 11:35
Code(s): LBK33 LBK35     PDF:  
Wrap Text
Tap Issues-LBK33 and LBK35

LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
(“the Land Bank”)

Tap Issues

In accordance with the Terms and Conditions of the Land and Agricultural Bank of South Africa
R30,000,000,000.00 Domestic Medium-Term Note Programme, noteholders are advised of the
Tap Issues effective on 25 April 2019 per below information:


Tap Amount                           R 250,000,000.00

Total Amount Following Tap Issue     R 750,000,000.00



Bond Code                            LBK33

Nominal Issued                       R 250,000,000.00

Issue Price                          101.8796%

Coupon                               9.35% (3 Month JIBAR as at 07 March 2019 of 7.150% plus 220
                                     bps)

Coupon Rate Indicator                Floating

Trade Type                           Price

Final Maturity Date                  7 December 2025

Books Close Date(s)                  25 February, 28 May, 28 August, 27 November

Interest Payment Date(s)             7 March, 7 June, 7 September, 7 December

Last Day to Register                 24 February, 27 May, 27 August, 26 November

Tap Issue Date                       25 April 2019

Date Convention                      Following

Interest Commencement Date           7 March 2019

First Interest Date                  7 June 2019

ISIN No.                             ZAG000155953

Additional Information Senior Unsecured Floating Rate No
Tap Amount                           R 550,000,000.00

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



Bond Code                            LBK35

Nominal Issued                       R 550,000,000.00

Issue Price                          100.7273%

Coupon                               9% (3 Month JIBAR as at 20 March 2019 of 7.150% plus 185 bps)

Coupon Rate Indicator                Floating

Trade Type                           Price

Final Maturity Date                  26 March 2024

Books Close Date(s)                  17 March, 17 June, 17 September, 17 December

Interest Payment Date(s)             26 March, 26 June, 26 September, 26 December

Last Day to Register                 By 17:00 on 16 March, 16 June, 16 September, 16 December

Tap Issue Date                       25 April 2019

Date Convention                      Following

Interest Commencement Date           26 March 2019

First Interest Date                  26 June 2019

ISIN No.                             ZAG000158064

Additional Information Senior Unsecured Floating Rate Notes


25 April 2019

Debt Sponsor
The Standard Bank of South Africa Limited

For further information on the Notes issued please contact:
Kea Sape              SBSA                  (011) 721 5594

Date: 25/04/2019 11:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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