| Fri 6 Jul 2012, 12:02 | | LBK02 - Tap Issue |
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LBK02
Tap Issue
Land and Agricultural Development Bank of South Africa Tap Issue Announcement
Authorised Programme size ZAR10,000,000,000.00
Total notes in issue ZAR1,688,000 000.00
Dated: 6 July 2012
Stock Code: LBK02
ISIN Code: ZAG000081621
The JSE Limited has granted a listing to Land and Agricultural Development Bank of South Africa Tap issue of LBK02 Senior Unsecured Floating Rate Notes due 26 March 2015 - sponsored by The Standard Bank of South Africa Limited (acting through its Corporate and Investment Banking Division), under its Domestic Medium Term Note Programme.
Full Note details are as follows:
Tap Amount Issued: ZAR837 000 000
Tap Rate: 6.995% (being 140 bps over 3 month JIBAR of 5.595%)
Coupon Indicator: Floating
Issue Price: 100.123344%
Maturity Date: 26 March 2015
First Interest Payment Date: 26 September 2012
Interest Payment Dates: 26 March, 26 June, 26 September and 26 December
Books Close: each 16 March, 16 June, 16 September and 16 December
Last day to register: By 17:00h on 15 March, 15 June, 15 September and 15 December of each year
Interest Commencement Date: 26 June 2012
Settlement Date: 26 June 2012
Placement Agent: FirstRand Bank Limited, acting through its Rand Merchant Bank division
Notes will be deposited in the Central Depository (CSD) and settlement will take place electronically
in terms of JSE Rules.
Further information on the Note issued please contact:
Sponsor - SBSA
Andrew Costa
Tel:(011) 378 7008 Email:andrew.costa@standardbank.co.za
Date: 06/07/2012 12:02:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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