New Financial Instrument Listing Announcement - “SSN195”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN195”
Stock Code: SSN195
ISIN Code: ZAG000194820
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN195 Senior Unsecured Floating Rate
Notes due 20 September 2023 - 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) ZAR73,940,767,089.61
Full Note details are as follows:
Issue Date: 20 March 2023
Nominal Issued: ZAR25,000,000.00
Coupon Rate: 0.80% plus
Three-month ZAR-JIBAR-SAFEX
as per the Applicable
Pricing Supplement
Coupon Indicator: Floating
Interest Determination Dates: Issue Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 September 2023
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 June 2023
Interest Payment Dates: 20 June and 20 September
2023, or if such day is not
a Business Day, the Business
Day on which the interest
will be paid, as determined
in accordance with the
applicable Business Day
Convention (as specified in
this Applicable Pricing
Supplement)
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: The Books Closed Period
(during which the Register
will be closed) will be from
each 15 June 2023 and 15
September 2023 until the
applicable Interest Payment
Date
Last day to register: By 17h00 on 14 June 2023
and 14 September 2023 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 17 March 2023
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: 17-03-2023 09:20:00
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