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STANDARD BANK NAMIBIA LIMITED - Interest Rate Reset Announcement SNB03

Release Date: 29/07/2024 11:45
Code(s): SBN03     PDF:  
Wrap Text
Interest Rate Reset Announcement – SNB03

The Standard Bank of Namibia Limited
Incorporated in the Republic of Namibia
Registration number: 78/01799
("SBN Limited")
Bond code: SBN03 ISIN: ZAG000178427



INTEREST RATE RESET ANNOUNCEMENT – SNB03 NOTES



INTEREST RATE RESET – SBN03 NOTES

        10.043% p.a. (3-month ZAR-Jibar of 8.283% plus 1.76%) for the period 2 August 2024 to 2
        November 2024, payable on 2 November 2024(Following*)

        Next reset: 2 November 2024

JIBAR rate as at 29 July 2024: 3 Month 8.283%



*When the interest payment date falls on a non-business day, the interest will be paid on the first
business day following the weekend or public holiday.


29 July 2024

Windhoek, Namibia

Debt Sponsor
The Standard Bank of South Africa


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Date: 29-07-2024 11:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.