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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN127

Release Date: 31/08/2021 12:15
Code(s): SSN127     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - SSN127

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SSN127”

Stock Code: SSN127
ISIN Code: ZAG000179458


The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN127 Senior Unsecured Floating Rate
Note due 01 December 2021 - sponsored by The Standard Bank of
South Africa Limited, under its Structured Note Programme.

Authorised Programme size           ZAR60,000,000,000
Total notes issued
(including current issue)           ZAR53,221,196,386.55
Full Note details are as follows
Issue Date:                         01 September 2021
Nominal Issued:                     ZAR750,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 1.20% as per the
                                    Applicable Pricing
                                    Supplement
Coupon Indicator:                   Floating
Interest Rate Determination Date:   Issue Date and the Maturity
                                    Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      01 December 2021
Interest Commencement Date:         Issue Date
First Interest Payment Date:        Maturity Date
Interest Payment Date:              Maturity Date
Business Day Count/Convention:      Actual/365(fixed)           and
                                    Following Business Day
Books Close:                        26 November 2021 until the
                                    applicable Interest Payment
                                    Date
Last day to register:               By: 17h00 on 25 November 2021
                                    until the Maturity Date
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 31 August 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: 31-08-2021 12:15:00
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