THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN678?

New Financial Instrument Listing Announcement - “CLN678”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN678”

Stock Code: CLN678
ISIN Code: ZAG000168436

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN678 Senior Unsecured Floating Rate
Credit Linked Notes due 02 June 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)           ZAR46,105,911,265.93
Full Note details are as follows:
Issue Date:                         02 June 2020
Nominal Issued:                     ZAR10,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 6.00%, as per the
                                    Applicable            Pricing
                                    Supplement
Coupon Indicator:                   Floating
Interest Determination Dates:       Each      02       September,
                                    02 December, 02 March and
                                    02 June    of   each    year,
                                    commencing on the Issue Date
                                    until the Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      02 June 2021
Interest Commencement Date:         Issue Date
First Interest Payment Date:        02 September 2020
Interest Payment Dates:             Each      02       September,
                                    02 December, 02 March and
                                    02 June of each year until
                                    the Maturity Date
Business Day Count/Convention:      Actual/365    (Fixed)     and
                                    Following Business Day
Books Close:                        Each 28 August, 27 November,
                                    25 February and 28 May of
                                    each    year,    until    the
                                    applicable Interest Payment
                                    Date
Last day to register:               17h00    on    27     August,
                                    26 November, 24 February and
                                    27 May 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 deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

Dated 01 June 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: 01-06-2020 10:00:00
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