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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC035?

Release Date: 13/06/2024 08:52
Code(s): SBC035     PDF:  
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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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