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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN086

Release Date: 22/01/2019 14:45
Code(s): SSN086     PDF:  
Wrap Text
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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