THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN056?

New Financial Instrument Listing Announcement - “SSN056”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN056”

Stock Code:    SSN056
ISIN Code:     ZAG000148925

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN056 Senior Unsecured Inverse Floating
Rate Note due 13 December 2027 - sponsored by The Standard Bank
of South Africa Limited (acting through its Corporate and
Investment  Banking   Division),  under  its   Structured  Note
Programme.

Authorised Programme size          ZAR60,000,000,000
Total notes issued                 ZAR27,628,951,039.62
Full Note details are as follows
Issue Date:                        13 December 2017
Nominal Issued:                    ZAR50,000,000
Coupon Rate:                       The greater of (i) 18.96%
                                   minus three month ZAR-JIBAR-
                                   SAFEX and (ii) zero as per
                                   the Pricing Supplement
Coupon Indicator:                  Floating
Trade Type:                        Price
Maturity Date:                     13 December 2027
First Interest Payment Date:       13 March 2018
Interest Payment Dates:            Each 13 March, 13 June, 13
                                   September   and   13  December
                                   until the Maturity Date
Business Day Count/Convention:     Actual/365(Fixed)          and
                                   Following Business Day
Books Close:                       from each 3 March, 3 June, 3
                                   September and 3 December of
                                   each year commencing on 3
                                   March 2018
Last day to register:              By: 17h00 on 2 March, 2 June,
                                   2 September and 2 December of
                                   each year commencing on 2
                                   March 2018
Interest Commencement Date:        Issue Date
Placement Agent:                   The Standard Bank of South
                                   Africa Limited

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 12 December 2017
Sponsor – The Standard Bank of South Africa Limited

For further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

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