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THE STANDARD BANK OF SA LTD - The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - CLN348 BISTDB

Release Date: 15/10/2013 08:30
Code(s): CLN348     PDF:  
Wrap Text
The Standard Bank of South Africa Limited 
New Financial Instrument Listing Announcement - “CLN348” BISTDB

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN348”

Stock Code: CLN348
ISIN Code: ZAG000110024

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN348 Senior Unsecured Floating Rate
Credit Linked Note due 23 June 2014 - 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           ZAR60,000,000,000.00
Total notes issued                  ZAR26,817,041,083.55

Full Note details are as follows:

Issue Date:                         15 October 2013
Nominal Issued:                     ZAR100,000,000
Coupon Rate:                        120bps over 3 month JIBAR
                                    rate as determined on each
                                    Interest Determination Date
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      23 June 2014
First Interest Payment Date:        23 December 2013
Interest Payment Dates:             23 December 2013, 23 March
                                    2014 and 23 June 2014
Books Close:                        13 December 2013, 13 March
                                    2014 and 13 June 2014
Last day to register:               By: 17:00 on      12  December
                                    2013, 12 March 2014 and 12
                                    June 2014
Interest Commencement Date:         15 October 2013
Placement Agent:                    The Standard Bank of South
                                    Africa Limited

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 14 October 2013
Sponsor – The Standard Bank of South Africa Limited
Further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)      (011) 378 7826
Email: johann.erasmus@standardbank.co.za

Date: 15/10/2013 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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