New Financial Instrument Listing Announcement - “SBC058”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC058"
Stock Code: SBC058
ISIN Code: ZAG000207242
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC058 Floating Rate Listed Notes due 20
June 2031- 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) ZAR93 422 575 646,19
Full Note details are as follows:
Issue Date: 24 July 2024
Nominal Issued: ZAR27,000,000
Coupon Rate: Three month ZAR-JIBAR-SAFEX
plus 2.86%
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 20 March, 20 June, 20
September, and 20 December
of each year, commencing on
the Issue Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 June 2031
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 September 2024
Interest Payment Dates: Each 20 March, 20 June, 20
September, and 20 December
of each year until the
Maturity Date, with the
first Interest Payment Date
being 20 September 2024 or,
if such 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 15 March, 15 June, 15
September, and 15 December,
until the applicable
Interest Payment Date.
Last day to register: 17h00 on 14 March, 14 June,
14 September, and 14
December 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 23 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: 23-07-2024 10:56:00
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