THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN655

New Financial Instrument Listing Announcement - CLN655

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN655”

Stock Code: CLN655
ISIN Code: ZAG000167230

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN655 Senior Unsecured Floating Rate
Credit Linked Notes due 22 June 2030 - 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)           ZAR45,462,336,713.65
Full Note details are as follows:
Issue Date:                         18 March 2020
Nominal Issued:                     ZAR1,000,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 5.30%, as per the
                                    Applicable           Pricing
                                    Supplement
Coupon Indicator:                   Floating
Interest Determination Dates:       Each 22 March, 22 June,
                                    22 September and 22 December
                                    of each year, commencing on
                                    the Issue Date until the
                                    Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      22 June 2030
Interest Commencement Date:         Issue Date
First Interest Payment Date:        22 June 2020
Interest Payment Dates:             Each 22 March, 22 June,
                                    22 September and 22 December
                                    of each year until the
                                    Maturity Date
Business Day Count/Convention:      Actual/365   and   Following
                                    Business Day
Books Close:                        Each 17 March, 17 June,
                                    17 September and 17 December
                                    of each year, until the
                                    applicable Interest Payment
                                    Date
Last day to register:               17h00 on 16 March, 16 June,
                                    16 September and 16 December
                                    of each year, or if such day
                                    is not a Business Day, the
                                   Business Day before each
                                   books closed period
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 dematerialised in the Central Depository (“CSD”)
and settlement will take place electronically in terms of JSE
Rules.

Dated 17 March 2020
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: 17-03-2020 10:52:00
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