THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN659?

New Financial Instrument Listing Announcement - “CLN659”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN659”

Stock Code:    CLN659
ISIN Code:     ZAG000167412

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN659 Senior Unsecured Floating Rate
Credit Linked Note due 20 June 2023 - 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)          ZAR46,984,336,713.65
Full Note details are as follows
Issue Date:                        27 March 2020
Nominal Issued:                    ZAR65,000,000
Coupon Rate:                       as     per     the      Pricing
                                   Supplement,   in   respect   of
                                   each Interest Period from,
                                   and including:
                                   (i) the Issue Date up to, but
                                       excluding, 20 March 2021:
                                       three-month     ZAR-JIBAR-
                                       SAFEX plus 2.27%;
                                   (ii) 20 March 2021 up to, but
                                         excluding, the Maturity
                                         Date:   three-month    ZAR-
                                         JIBAR-SAFEX plus 2.075%
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      20 June 2023
First Interest Payment Date:        20 June 2020
Interest Payment Dates:             Each     20 March,      20 June,
                                    20 September and 20 December
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365      (Fixed)      and
                                    Following Business Day
Books Close:                        From each 15 March, 15 June,
                                    15 September and 15 December
                                    of   each   year,   until    the
                                    applicable Interest Payment
                                    Date.
Last day to register:               By: 17h00 14 March, 14 June,
                                    14 September and 14 December
                                   of   each  year, until the
                                   Maturity Date.
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 26 March 2020
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: 26-03-2020 10:46:00
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