New Financial Instrument Listing Announcement - “SBC035”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC035"
Stock Code: SBC035
ISIN Code: ZAG000206202
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC035 Senior Unsecured Floating Rate
Credit Linked Notes due 14 June 2024- sponsored by The Standard
Bank of South Africa Limited, under its Structured Note
Programme.
Authorised Programme size ZAR120,000,000,000
Total notes issued
(including current issue) ZAR85, 926, 933, 330.18
Full Note details are as follows:
Issue Date: 14 June 2024
Nominal Issued: ZAR40,000,000
Coupon Rate: 1.83%
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 28 February, 31 May, 31
August, and 30 November of
each year,commencing on
Issue Date until (but
excluding) the Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 28 February 2031
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 August 2024
Interest Payment Dates: Each 28 February, 31 May, 31
August, and 30 November of
each year until the Maturity
Date, with the first
Interest Payment Date being
31 August 2024.
Business Day Count/Convention: Actual/365(Fixed.
Books Close: From each 23 February, 26
May, 26 August, and 25
November, of each year, until
the applicable Interest
Payment Date.
Last day to register: 17h00 22 February, 25 May,
25 August, and 24 November
of each year, or if such day
is not a Business Day, the
Business Day before each
Books Closed Period until
the Maturity Date
Placement Agent: The Standard Bank of South
Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement: Not Applicable
Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.
Notes will be deposited in the Central Depository ("CSD") and
settlement will take place electronically in terms of JSE Rules.
Dated 14 June 2024
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za
Date: 13-06-2024 08:52:00
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