THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN595?

New Financial Instrument Listing Announcement - “CLN595”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN595”

Stock Code: CLN595
ISIN Code: ZAG000160862

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN595 Senior Unsecured Floating Rate
Credit Linked Notes due 27 June 2024 - 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)           ZAR39,127,708,202.43

Full Note details are as follows:

Issue Date:                         08 July 2019
Nominal Issued:                     ZAR25,000,000

Coupon Rate:                        In respect of each Interest
                                    Period       from,       and
                                    including:(i) the Issue Date
                                    up    to,   but   excluding,
                                    27 June 2022:    three-month
                                    ZAR-JIBAR-SAFEX plus 1.77%;
                                    (ii) 27 June 2022 up to, but
                                    excluding,   the   Scheduled
                                    Maturity Date: three-month
                                    ZAR-JIBAR-SAFEX plus 1.845%,
                                    per the Applicable Pricing
                                    Supplement
Coupon Indicator:                   Floating
Interest Determination Dates:       Each 27 March, 27 June, 27
                                    September and 27 December of
                                    each year commencing on the
                                    Interest Commencement Date
                                    until the Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      27 June 2024
Interest Commencement Date:         Issue Date
First Interest Payment Date:        27 September 2019
Interest Payment Dates:             Each 27 March, 27 June, 27
                                    September and 27 December of
                                    each year until the Maturity
                                    Date
Business Day Count/Convention:     Actual/365    (Fixed)    and
                                   Following Business Day
Books Close:                       Each 23 March, 23 June, 23
                                   September and 23 December,
                                   of each year, until the
                                   applicable Interest Payment
                                   Date
Last day to register:              17h00 on 22 March, 22 June,
                                   22 September and 22 December
                                   of each year, or if such day
                                   is not a Business Day, the
                                   Business Day before each
                                   books closed period
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 July 2019
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

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