THE STANDARD BANK OF SOUTH AFRICA LIMITED - Tap Issuance Announcement - CLN548?

Tap Issuance Announcement - “CLN548”

The Standard Bank of South Africa Limited
Tap Issuance Announcement - “CLN548”

Stock Code:    CLN548
ISIN Code:     ZAG000155912

The JSE Limited has granted a tap issuance to The Standard Bank
of South Africa Limited of CLN548 Senior Unsecured Floating Rate
Credit Linked Note due 12 November 2025 - 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)          ZAR33,785,590,464.43
Full Note details are as follows

Tap Issue Date:                    12 March 2019
Tap Amount:                        ZAR60,000,000
Total Nominal Issued:              ZAR106,300,000
(under series 515)
Coupon Rate:                       10.16% nacs
Coupon Indicator:                  Fixed
Trade Type:                        Yield
Maturity Date:                     12 November 2025
First Interest Payment Date:       12 May 2019
Interest Payment Dates:            Each 12 May and 12 November
                                   until the Maturity Date
Business Day Count/Convention:     Actual/365     (Fixed)     and
                                   Following Business Day
Books Close:                       From each 02 May and 02
                                   November    of    each    year
                                   commencing on 02 May 2019,
                                   until the applicable Interest
                                   Payment Date.
Last day to register:              By: 17h00 on 01 May and 01
                                   November    of    each    year
                                   commencing on 01 May 2019.
Interest Commencement Date:        Issue Date
Placement Agent:                   The Standard Bank of South
                                   Africa Limited

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 11 March 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

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