New Financial Instrument Listing Announcement - “SSN111”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN111”
Stock Code: SSN111
ISIN Code: ZAG000175316
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN111 Floating Rate Listed Note due
31 March 2024 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) ZAR45,237,062,926.83
Full Note details are as follows
Issue Date: 31 March 2021
Nominal Issued: ZAR75,000,000
Coupon Rate: As per formula contained in
Applicable Pricing Supplement
Coupon Indicator: Floating
Interest Rate Determination Dates: Each 31 March, 30 June, 30
September and 31 December of
each year commencing on Issue
Date until the Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 March 2024
First Interest Payment Date: 30 June 2021
Interest Payment Dates: Each 31 March, 30 June, 30
September and 31 December of
each year until the Maturity
Date;
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: Each 26 March, 25 June, 25
September and 26 December,
until the applicable Interest
Payment Date
Last day to register: By: 17h00 on each 25 March,
24 June, 24 September and 25
December or, until the
Maturity Date
Interest Commencement Date: 31 March 2021
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 30 March 2021
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
Date: 30-03-2021 11:47:00
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