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

New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN099”

Stock Code:    SSN099
ISIN Code:     ZAG000167917

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN099 Senior Floating Rate Listed Note
due 07 June 2023 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
(including current issue)          ZAR47,129,831,365.93
Full Note details are as follows
Issue Date:                        06 May 2020
Nominal Issued:                    ZAR11,000,000
Coupon Rate:                       Three-month     ZAR-JIBAR-SAFEX
                                   plus 2.05%, capped at the
                                   Maximum Interest Rate
Maximum Interest Rate:             9.99%
Coupon Indicator:                  Floating
Interest Rate Determination Dates: 07    March,   07    June,   07
                                   September and 07 December of
                                   each year, with the first
                                   Interest Rate Determination
                                   Date being the Issue Date
Trade Type:                        Price
Issue Price:                       100%
Maturity Date:                     07 June 2023
First Interest Payment Date:       07 June 2020
Interest Payment Dates:            07    March,   07    June,   07
                                   September and 07 December of
                                   each year, until the Maturity
                                   Date
Business Day Count/Convention:     Actual/365      (Fixed)     and
                                   Following Business Day
Books Close:                       Each 02 March, 02 June, 02
                                   September and 02 December,
                                   until the applicable Interest
                                   Payment Date
Last day to register:              By:    17h00   on   01   March,
                                   01 June, 01 September and
                                   01    December,    until    the
                                   Maturity Date
Interest Commencement Date:        07 June 2020
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 05 May 2020
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

Date: 05-05-2020 10:00:00
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.