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CLN186 - The Standard Bank of South Africa Limited - New Financial Instrument

Release Date: 06/07/2011 15:27
Code(s): JSE
Wrap Text

CLN186 - The Standard Bank of South Africa Limited - New Financial Instrument Listing Announcement THE STANDARD BANK OF SOUTH AFRICA LIMITED - "CLN186" Stock Code: CLN186 ISIN Code: ZAG000087008 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - CLN186 Senior Unsecured Floating Rate Credit Linked Note due 06 July 2016 - sponsored by The Standard Bank of South Africa Limited (acting through its Corporate and Investment Banking Division), under its Credit Linked Note Programme. Authorised Programme size ZAR40,000,000,000.00 Total notes issued ZAR27,027,898,114.99 Full Note details are as follows: Issue Date: 06 July 2011 Nominal Issued: ZAR50, 000,000.00 Coupon Rate: 7.175% (being 160 bps over 3 month JIBAR of 5.575%) Coupon Indicator: Floating Trade Type: Price Maturity Date: 06 July 2016 First Interest Payment Date: 06 October 2011 Interest Payment Dates: 06 October, 06 January, 06 April and 6 July Books Close: each 26 September, 27 December, 27 March and 26 June
Last day to register: By 17:00h on 25 September, 24 December, 26 March and 25 June of each year Interest Commencement Date: 06 July 2011 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. Further information on the Note issued please contact: Johann Erasmus SBSA (Sponsor) (011) 378 7826 Email: johann.erasmus@standardbank.co.za Dated 06 July 2011 Sponsor - The Standard Bank of South Africa Limited Date: 06/07/2011 15:27:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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