THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN591?

New Financial Instrument Listing Announcement - “CLN591”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN591”

Stock Code:    CLN591
ISIN Code:     ZAG000160706

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN591 Senior Unsecured Floating Rate
Credit Linked Note due 05 December 2026 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)          ZAR38,917,708,202.43
Full Note details are as follows
Issue Date:                        02 July 2019
Nominal Issued:                    ZAR100,000,000
Coupon Rate:                       three-month     ZAR-JIBAR-SAFEX
                                   plus 3.10%, capped at 10.56%
                                   as per the Pricing Supplement
Coupon Indicator:                  Floating
Interest Rate Determination Dates: Each 05 March, 05 June, 05
                                   September and 05 December of
                                   each year, with the first
                                   Interest Rate Determination
                                   Date being the Issue Date
Trade Type:                        Price
Issue Price:                       100%
Maturity Date:                     05 December 2026
First Interest Payment Date:       05 September 2019
Interest Payment Dates:            Each 05 March, 05 June, 05
                                   September and 05 December of
                                   each year until the Maturity
                                   Date
Business Day Count/Convention:     Actual/365      (Fixed)     and
                                   Following Business Day
Books Close:                       From each 28 February, 31
                                   May,   31    August    and   30
                                   November of each year, until
                                   the    applicable      Interest
                                   Payment Date.
Last day to register:              By: 17h00 on 27 February, 30
                                   May,   30    August    and   29
                                   November of each year
Interest Commencement Date:        Issue 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 01 July 2019
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: 01/07/2019 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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