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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN081

Release Date: 23/08/2018 14:16
Code(s): SSN081     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - SSN081

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN081”

Stock Code: SSN081
ISIN Code: ZAG000153636

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN081 Senior Unsecured Floating Rate
Notes due 27 August 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)           ZAR31,796,197,524.66

Full Note details are as follows:

Issue Date:                         27 August 2018
Nominal Issued:                     ZAR60,000,000.00
Coupon Rate:                        3m Jibar + 207bps, capped at
                                    10.28%
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      27 August 2024
First Interest Payment Date:        27 November 2018
Interest Payment Dates:             Each 27 February, 27 May, 27
                                    August and 27 November until
                                    the Maturity Date.
Business Day Count/Convention:      Actual/365     (Fixed)    and
                                    Following Business Day
Books Close:                        From each 17 February, 17
                                    May,    17   August   and  17
                                    November
Last day to register:               By:    17:00   on    each  16
                                    February, 16 May, 16 August
                                    and 16 November.
Interest Commencement Date:         27 August 2018
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 23 August 2018
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: 23/08/2018 02:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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