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DEVELOPMENT BANK OF SOUTHERN AFRICA - DVF31C DVF34 - Listing of Tap Issues

Release Date: 12/11/2024 16:55
Code(s): DVF31C DVF34     PDF:  
Wrap Text
DVF31C DVF34 - Listing of Tap Issues

Development Bank of Southern Africa Limited
(reconstituted and incorporated in terms of section 2 of the Development Bank of Southern Africa Act,
1997)
Registration number: 1600157FN
JSE company code: DIDBS
LEI code: 25490071AZ4HOFUNIH94
Bond Code: DVF34     ISIN: ZAG000206012
Bond Code: DVF31C    ISIN: ZAG000206806
("DBSA" or the "Bank")

LISTING OF TAP ISSUES

The JSE Limited has granted DBSA the additional listings of its DVF34 and DVF31C Senior Unsecured
Floating Rate Notes, in terms of its Domestic Medium Term Note Programme memorandums dated 3
July 2023 (the "Programme"), as amended from time to time, effective 13 November 2024.

Type of Debt Security:                      Floating Rate Notes

Debt Security Code:                         DVF34
ISIN:                                       ZAG000206012
Nominal Before Issue:                       R 700 000 000.00
Nominal Issued:                             R 700 000 000.00
Nominal After Issue:                        R 1 400 000 000.00
Issue Price:                                102.80279% of the Aggregate Nominal Amount
Coupon Rate:                                3-month JIBAR plus 235 basis points
Interest Commencement Date:                 6 September 2024
Rate Determination Date(s):                 The first day of each Interest Period, provided that the
                                            first Rate Determination Date shall be 6 September 2024
First Interest Payment Date:                6 December 2024
Interest Payment Date(s):                   6 September, 6 December, 6 March and 6 June of each
                                            year until the Maturity Date
Last Day to Register:                       By 17h00 on 26 August, 25 November, 23 February and
                                            26 May of each year until the Maturity Date
Books Close:                                27 August, 26 November, 24 February and 27 May of
                                            each year until the Maturity Date
Maturity Date:                              6 June 2034

Debt Security Code:                         DVF31C
ISIN:                                       ZAG000206806
Nominal Before Issue:                       R 856 000 000.00
Nominal Issued:                             R 300 000 000.00
Nominal After Issue:                        R 1 156 000 000.00
Issue Price:                                101.468159% of the Aggregate Nominal Amount
Coupon Rate:                                3-month JIBAR plus 200 basis points
Interest Commencement Date:                 8 October 2024
Rate Determination Date(s):                 The first day of each Interest Period, provided that the
                                            first Rate Determination Date shall be 8 October 2024
First Interest Payment Date:                8 January 2025
Interest Payment Date(s):                   8 July, 8 October, 8 January and 8 April of each year until
                                            the Maturity Date
Last Day to Register:                       By 17h00 on 28 December, 28 March, 27 June and 27
                                            September of each year until the Maturity Date
Books Close:                                29 December, 29 March, 28 June and 28 September of
                                            each year until the Maturity Date
Maturity Date:                              8 July 2031

THE BELOW SECTION IS APPLICABLE TO THE DVF34 AND DVF31C NOTES ABOVE:


Issue Date:                                 13 November 2024
Business Day Convention:                    Following Business Day
Final Maturity Amount:                      100% of the Aggregate Nominal Amount
Other:                                      The pricing supplements do not contain additional
                                            terms and conditions or changes to the terms and
                                            conditions as contained in the Programme
Summary of additional terms:                Not Applicable
Programme Amount:                           R 80 000 000 000.00
Total Notes in Issue Under Programme:       R 13 539 000 000.00 exclusive of these issuances of
                                            notes
Dealer:                                     FirstRand Bank Limited, acting through its Rand Merchant
                                            Bank division

12 November 2024

Debt sponsor
FirstRand Bank Limited

Date: 12-11-2024 04:55:00
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