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INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - IDC01 - New Financial Instrument Listing

Release Date: 11/12/2025 10:33
Code(s): IDC01     PDF:  
Wrap Text
IDC01 - New Financial Instrument Listing

 Industrial Development Corporation of South Africa Limited Incorporated in the
 Republic of South Africa)
 Registration No. 1940/014201/06)
 Issuer code: IN02
 Bond Code: IDC01          ISIN No: ZAG000221938
(the "IDC")


New Financial Instrument Listing – IDC01

The JSE Limited has granted a listing of notes under the 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 36 621 000 000.00 (excluding this tranche)



Full note details are set out below:

Bond Code                                      IDC01
Nominal Value                                  R 500 000 000.00
Instrument Type                                Floating Rate Note
Issue price                                    100% of the Aggregate Principal Amount
Coupon                                         3 Month JIBAR plus 45bps
Coupon Rate Indicator                          Floating
Trade Type                                     Price
Final Redemption Date                          12 March 2026
Books Close Date(s)                            Each period from (and including) 2 March to 11 March 2026, being 10 (ten)
                                               days prior to the Applicable Redemption Date

Interest Payment Date(s)                       12 March 2026 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.


Interest Determination Date                    9 December 2025

Last day to register                           By 17H00 (South Africa time) on 1 March 2026 until the Applicable
                                               Redemption Date


Issue Date                                     12 December 2025
Date Convention                                Following
Interest Commencement Date                     12 December 2025

First Interest Payment Date                    12 March 2026

ISIN No                                        ZAG000221938
Additional Information                         Senior, Unsecured


Johannesburg
11 December 2025

Debt sponsor
The Standard Bank of South Africa Limited

Date: 11-12-2025 10:33:00
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