DV23 - Development Bank of Southern Africa Limited - New Financial Instrument
JSE
BIDBS
DV23 - Development Bank of Southern Africa Limited - New Financial Instrument
Listing Announcement
DEVELOPMENT BANK OF SOUTHERN AFRICA LIMITED - "DV23"
Stock Code: DV23
ISIN Code: ZAG000019779
The JSE Limited has granted a listing to Development Bank of Southern Africa
Limited - DV23 Senior Unsecured Fixed Rate Note due 27 February 2023, under its
Domestic Medium Term Note Programme dated 21 January 2008.
Authorised Programme size R35,000,000,000.00
Total notes issued R18,900,000,000.00
Full Note details are as follows:
Nominal Issued: ZAR 421,000,000.00
Coupon Rate: 10%
Coupon Indicator: Fixed
Trade Type: Yield-to-maturity
All in Price: 107.09012%
Maturity Date: 27 February 2023
First Interest Date: 27 August 2011
Interest Payment Dates: 27 February and 27 August in each
year up to and including the
Maturity Date
Books Close: 17 February to 26 February and
27 August to 26 August (all dates
inclusive) in each year up to and
including the Maturity Date
Last day to register: By 17:00h 16 February and
16 August in each year up to and
including the Maturity Date
Interest Commencement Date: 19 July 2011
Settlement Date: 19 July 2011
Placement Agent: Investec Bank
Standard Bank
Notes will be deposited in the Central Depository ("CSD") and settlement will
take place electronically in terms of JSE Rules.
Sponsor
Standard Bank Debt Capital Market
15 June 2011
Date: 15/07/2011 11:26:01 Produced by the JSE SENS Department.
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