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STANDARD BANK NAMIBIA LIMITED - Interest Rate Reset Announcement SBN02 & SNB03

Release Date: 27/01/2023 12:35
Code(s): SBN02 SBN03     PDF:  
Wrap Text
Interest Rate Reset Announcement – SBN02 & SNB03

Standard Bank Namibia Limited
Registration No. 2006/306
Registered in Namibia
(“SBN Limited” or “the group”)
Bond code: SBN02 ISIN: ZAG000178419
Bond code: SBN03 ISIN: ZAG000178427




INTEREST RATE RESET ANNOUNCEMENT – SBN02 & SNB03 NOTES




INTEREST RATE RESET – SBN02 NOTES

       8.957% p.a. (3-month ZAR-Jibar of 7.467% plus 1.49%) for the period 2 February
       2023 to 2 May 2023, payable on 2 May 2023(Following*)

       Next reset: 2 May 2023




INTEREST RATE RESET – SBN03 NOTES

       9.227% p.a. (3-month ZAR-Jibar of 7.467% plus 1.76%) for the period 2 February
       2023 to 2 May 2023, payable on 2 May 2023(Following*)

       Next reset: 2 May 2023




JIBAR rate as at 27 January 2023: 3 Month 7.467%




*When the interest payment date falls on a non-business day, the interest will be paid
on the first business day following the weekend or public holiday.




27 January 2023


Windhoek, Namibia




Debt Sponsor


The Standard Bank of South Africa


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Date: 27-01-2023 12:35:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.