THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN614

New Financial Instrument Listing Announcement - CLN614

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN614”

Stock Code: CLN614
ISIN Code: ZAG000162876

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN614 Senior Unsecured Floating Rate
Credit Linked Notes due 31 May 2026 - 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)           ZAR37 587 208 949.13
Full Note details are as follows:

Issue Date:                         30 September 2019
Nominal Issued:                     ZAR650,000,000

Coupon Rate:                        In respect of each Interest
                                    Period       from,      and
                                    including:(i) the     Issue
                                    Date up to, but excluding,
                                    30 November 2021: three-
                                    month ZAR-JIBAR-SAFEX plus
                                    1.75%;

                                    (ii)30 November 2021 up to,
                                    but   excluding,    the   30
                                    November 2023: three-month
                                    ZAR-JIBAR-SAFEX plus 1.95%;
                                    and
                                    (iii)30 November 2023 up to
                                    but excluding, the Scheduled
                                    Maturity Date: three-month
                                    ZAR-JIBAR-SAFEX plus 2.125%,
                                    as   per    the   Applicable
                                    Pricing Supplement.

Coupon Indicator:                   Floating
Interest Determination Dates:       Each 28 February,31 May, 31
                                    August and 30 November of
                                    each year commencing on the
                                    Interest Commencement Date
                                    until the Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                     31 May 2026
Interest Commencement Date:        Issue Date
First Interest Payment Date:       30 November 2019
Interest Payment Dates:            Each 28 February, 31 May 31
                                   August and 30 November of
                                   each year until the Maturity
                                   Date
Business Day Count/Convention:     Actual/365     (Fixed)   and
                                   Following Business Day
Books Close:                       Each 23 February, 26 May, 26
                                   August and 25 November of
                                   each    year,    until   the
                                   applicable Interest Payment
                                   Date
Last day to register:              17h00 on 22 February, 25
                                   May,   25   August   and  24
                                   November 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 27 September 2019
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: 27/09/2019 09:50:00
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