Filed Pursuant to Rule 433
Registration No. 333-163821
January 9, 2012
Final Term Sheet
Final Terms and Conditions Republic of South Africa US$1,500,000,000 Fixed Rate Twelve Year Notes |
| Issuer: | Republic of South Africa | |
| Securities: | Global Notes | |
| Settlement Date: | January 17, 2012 (T+5) | |
| Expected ratings: | A3 (Moody’s) / BBB+ (S&P) / BBB+ (Fitch) | |
| Size: | US$1,500,000,000 | |
| Format: | SEC Registered Global (No. 333-163821) | |
| Ranking: | Unsecured | |
| Maturity Date: | January 17, 2024 | |
| Interest Payment Dates: | January 17 and July 17, beginning July 17, 2012 | |
| Redemption: | Not redeemable by the Issuer prior to maturity | |
| Coupon: | 4.665% per annum (payable semi-annually, 30 / 360) | |
| Re-offer price: | 100% | |
| Re-offer yield: | 4.665% | |
| Benchmark bond: | UST 2.00% due November 2021 | |
| Benchmark cash price*: | 100-10 | |
| Benchmark yield*: | 1.965% | |
| Re-offer spread over Benchmark: | + 270 bps | |
| Listing: | Luxembourg Stock Exchange | |
| Minimum denominations: | US$100,000 and integral multiples of US$1,000 in excess thereof | |
| CUSIP: | 836205AQ7 | |
| ISIN: | US836205AQ75 | |
| Governing Law: | New York | |
| Joint Lead Managers: | Barclays Capital, Citigroup | |
| Co-Managers: | Nedbank Capital, Rand Merchant Bank | |
| B&D: | Citigroup | |
* Market data as of pricing
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. A prospectus supplement of the Republic of South Africa (which includes the prospectus) accompanies the free-writing prospectus supplement and is available from the SEC’s website at: http://www.sec.gov/Archives/edgar/data/932419/000119312512005862/d267756d424b3.htm.
Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. at +1 (800) 438-3242; or Citigroup Global Markets Inc. at +1 (877) 858-5407.
