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THE STANDARD BANK OF SA LTD - The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - CLN323 - BISTDB

Release Date: 11/04/2013 15:00
Code(s): CLN323     PDF:  
Wrap Text
The Standard Bank of South Africa Limited 
New Financial Instrument Listing Announcement - “CLN323” - BISTDB

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN323”

Stock Code: CLN323
ISIN Code: ZAG000104746

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN323 Senior Unsecured Floating Rate
Credit Linked Note due 24 July 2017 - 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                  ZAR28,041,487,113.69

Full Note details are as follows:

Issue Date:                         12 April 2013
Nominal Issued:                     ZAR5,000,000
Coupon Rate:                        208bps over 3 month JIBAR
                                    rate as determined on each
                                    Interest Determination Date
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      24 July 2017
First Interest Payment Date:        24 July 2013
Interest Payment Dates:             Each 24 July, 24 October, 24
                                    January and 24 April
Books Close:                        From   each    14   July,   14
                                    October, 14 January and 14
                                    April
Last day to register:               By: 17:00 on each 13 July, 13
                                    October, 13 January and 13
                                    April
Interest Commencement Date:         12 April 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 11 April 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: 11/04/2013 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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