New Financial Instrument Listing Announcement - SSN086
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN086”
Stock Code: SSN086
ISIN Code: ZAG000156480
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN086 Senior Unsecured Floating Rate
Note due 23 January 2021 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) ZAR32,183,464,552.43
Full Note details are as follows
Issue Date: 23 January 2019
Nominal Issued: ZAR150,000,000
Coupon Rate: Daily accrual at three-month
JIBAR + 3.30% within the
range, three-month JIBAR / 2
outside the range as fully
described in the Pricing
Supplement
Coupon Indicator: Floating
Interest Rate Determination Dates: 18 January 2019, 18 April
2019, 18 July 2019, 18
October 2019, 20 January
2020, 20 April 2020, 20 July
2020 and 19 October 2020
Trade Type: Price
Issue Price: 100%
Maturity Date: 23 January 2021
First Interest Payment Date: 23 April 2019
Interest Payment Dates: Each 23 January, 23 April, 23
July and 23 October until the
Maturity Date
Business Day Count/Convention: Actual/365 and Following
Business Day
Books Close: From each 13 January, 13
April, 13 July and 13 October
of each year, until the
applicable Interest Payment
Date.
Last day to register: By: 17h00 on 12 January, 12
April, 12 July and 12 October
of each year
Interest Commencement Date: 18 January 2019
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 22 January 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: 22/01/2019 02:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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