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THE STANDARD BANK OF SA LTD - Tap Issue Announcement

Release Date: 25/07/2012 10:45
Code(s): SBS23
Wrap Text
Tap Issue Announcement

THE STANDARD BANK OF SOUTH AFRICA LIMITED - “SBS23” tap issue

Authorised Programme size           R60,000,000,000.00
Total notes in issue                R48,676,885,501.00

Dated: 25 July 2012
Stock Code: SBS23
ISIN Code: ZAG000095522

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBS23 Senior Unsecured Floating Rate
Notes due 24 May 2017 - sponsored by The Standard Bank of South
Africa Limited (acting through its Corporate and Investment
Banking Division), under its Domestic Medium Term Note
Programme.

Full Note details are as follows:

Tap Amount Issued:                  ZAR100,000,000
Aggregate Nominal following Tap:    ZAR1,255,000,000
Tap Rate:                           6.4% (being 132.5 bps over 3
                                    month JIBAR of 5.075%)
Coupon Indicator:                   Floating Rate
Issue Price:                        101.48799%
Maturity Date:                      24 May 2017
First Interest Payment Date:        24 August 2012
Interest Payment Dates:             24 May, 24 August 24 November
                                    and 24 February each year to
                                    the Maturity Date
Books Close:                        14 May, 14 August, 14
                                    November and 14 February each
                                    year to the Maturity Date
Last day to register:               By 17:00h on 13 May, 13
                                    August, 13 November and 13
                                    February
Interest Commencement Date:         24 May 2012
Settlement Date:                    26 July 2012
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:
Sponsor - SBSA
Andrew Costa
Tel:(011) 378 7008     Email:andrew.costa@standardbank.co.za

Date: 25/07/2012 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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