New Financial Instrument Listing Announcement - “SBC054”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC054"
Stock Code: SBC054
ISIN Code: ZAG000206913
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC054 Floating Rate Listed Notes due 31
January 2030 - 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) ZAR91,713,575,646.19
Full Note details are as follows:
Issue Date: 15 July 2024
Nominal Issued: ZAR326,373,171
Coupon Rate: 8.00%
Coupon Indicator: Fixed Rate
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 91.91932%
Maturity Date: 31 January 2030
Interest Commencement Date: 31 January 2024
First Interest Payment Date: 31 July 2024.
Interest Payment Dates: Each 31 January and 31 July
of each year until the
Maturity Date, with the
first Interest Payment Date
being 31 July 2024 or, if
such a 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).
Books Close: The Books Closed Period
(during which the Register
will be closed) will be from
each each 26 January and 26
July, until the applicable
Interest Payment Date.
Last day to register: 17h00 on 25 January and 25
July of each year, 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 12 July 2024
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: 12-07-2024 11:46:00
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