Wrap Text
New financial and additional instruments listing – IDCS08 And IDCS09
Industrial Development Corporation of South Africa Limited Incorporated in the Republic of
South Africa)
Registration No. 1940/014201/06)
Issuer code: IN02
Bond Code: IDCS08 ISIN No: ZAG000220120
Bond Code: IDCS09 ISIN No: ZAG000223546
(the "IDC")
NEW FINANCIAL AND ADDITIONAL INSTRUMENTS LISTING – IDCS08 and IDCS09
The JSE Limited has granted new and additional listing of notes under IDC's Domestic Medium Term Note Programme, on the Interest Rate Market.
Authorized Programme Size R 50 000 000 000.00
Total Notes in issue R 39,447,000,000 (Excluding these tranches)
Full note details are set out below:
Bond Code IDC08
Nominal Before Issue: R 2 340 000 000.00
Nominal Issued: R 100 000 000.00
Nominal After Issue: R 2 440 000 000.00
Instrument Type Floating Rate Note
Issue price 101.413643% of the Aggregate Principal Amount
Coupon 3 Month JIBAR plus 200 bps
Coupon Rate Indicator Floating
Trade Type Price
Final Redemption Date 03 May 2033
Books Close Date(s) Each period from (and including) 29 January to 2 February, 29 April to 2 May, 29
July to 2 August, and 29 October to 2 November of each year until the Applicable
Redemption Date, being 5 (five) days prior to each Interest Payment Date and/or
the Applicable Redemption Date.
Interest Payment Date(s) Quarterly in arrears on 3 February, 3 May, 3 August and 3 November of each year
until the Final Redemption Date, or if any such day is not a Business Day, the
Business Day on which interest will be paid as determined in accordance with the
applicable Business Day Convention. This shall be in each year for the period from
(and including) the Interest Commencement Date to (but excluding) the Applicable
Redemption Date.
Interest Determination Date(s) The first day of each Interest Period; provided that the Rate Determination Date for
the first Interest Period shall be 9 March 2026
Last day to register By 17H00 (South Africa time) on 29 January,29 April, 29 July and 29 October of each
year until the Applicable Redemption Date or if such day is not a Business Day, the
7 Business Day before each Books Closed Period, year until the Applicable
Redemption Date.
Issue Date 12 March 2026
Date Convention Following
Interest Commencement Date 3 February 2026
First Interest Payment Date 3 May 2026
ISIN No ZAG000220120
Additional Information Senior, Unsecured
Full note details are set out below:
Bond Code IDC09
Nominal Value R 400 000 000.00
Instrument Type Floating Rate Note
Issue price 100% of the Aggregate Principal Amount
Coupon 3 Month JIBAR plus 220 bps
Coupon Rate Indicator Floating
Trade Type Price
Final Redemption Date 12 March 2036
Books Close Date(s) Each period from (and including) 7 March to 11 March, 7 June to 11 June, 7
September to 11 September and from 7 December to 11 December of each year
until the Applicable Redemption Date, being 5 (five) days prior to each Interest
Payment Date and/or the Applicable Redemption Date.
Interest Payment Date(s) Quarterly in arrears on 12 June, 12 September, 12 December and 12 March, of each
year until the Final Redemption Date, or if any such day is not a Business Day, the
Business Day on which interest will be paid as determined in accordance with the
applicable Business Day Convention. This shall be in each year for the period from
(and including) the Interest Commencement Date to (but excluding) the Applicable
Redemption Date.
Interest Determination Date(s) The first day of each Interest Period; provided that the Rate Determination Date for
the first Interest Period shall be 9 March 2026
Last day to register By 17H00 (South Africa time) on 6 March, 6 June, 6 September and 6 December of
each year until the Applicable Redemption Date or if such day is not a Business Day,
the 7 Business Day before each Books Closed Period, year until the Applicable
Redemption Date.
Issue Date 12 March 2026
Date Convention Following
Interest Commencement Date 12 March 2026
First Interest Payment Date 12 June 2026
ISIN No ZAG000223546
Johannesburg
11 March 2026
Debt sponsor: The Standard Bank of South Africa Limited
Date: 11-03-2026 04:30:00
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