| Fri 27 Oct 2017, 9:00 | | LAND & AGRICULTURAL DEV BANK OF SA - New Financial Instrument Listing Announcement Tap Issue (LBK24) |
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LBK24 201710270021A
New Financial Instrument Listing Announcement – Tap Issue (LBK24)
THE LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
Bond code: LBK24 ISIN: ZAG000147364
(“the Land Bank”)
New Financial Instrument Listing Announcement – Tap Issue (LBK24)
The JSE Limited has granted a listing of a new financial instrument
(Tap Issue of LBK24) under the Land Bank’s Domestic Medium Term Note
Programme on the Interest Rate Market.
Authorised programme size R20,000,000,000.00
Total notes in issue R8,910,000,000.00
(excluding these issues)
Total notes in issue R9,410,000,00.00
(including these issues)
Full instrument details are as follows:
Bond Code LBK24
ISIN ZAG000147364
Nominal Issued R500,000,000.00
Issue Price 99.88608%
Coupon Rate Indicator Fixed
Coupon 10.29%
Trade Type Yield
Issue Date 27 October 2017
Maturity Date 10 October 2024
Interest Commencement Date 10 October 2017
First Interest Payment Date 10 April 2018
Interest Payment Date(s) 10 April and 10 October of each
year until the Maturity Date
Last Day to Register By 17:00 on 30 March and 29
September in each year until
the Maturity Date (all dates
inclusive)
Books Close Date(s) From 31 March to 10 April and
30 September to 10 October in
each year until the Maturity
Date (all dates inclusive)
Date Convention Following Business Day
Centurion
27 October 2017
Debt Sponsor
The Standard Bank of South Africa Limited
Date: 27/10/2017 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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