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THE STANDARD BANK OF SA LTD - The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - CLN329 BISTDB

Release Date: 23/05/2013 15:50
Code(s): CLN329     PDF:  
Wrap Text
The Standard Bank of South Africa Limited 
New Financial Instrument Listing Announcement - “CLN329”
BISTDB

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN329”

Stock Code: CLN329
ISIN Code: ZAG000105982

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN329 Senior Unsecured Floating Rate
Credit Linked Note due 20 June 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                  ZAR28,237,993,376.45

Full Note details are as follows:

Issue Date:                         24 May 2013
Nominal Issued:                     ZAR20,000,000
Coupon Rate:                        600bps over 3 month JIBAR
                                    rate as determined on each
                                    Interest Determination Date
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      20 June 2017
First Interest Payment Date:        20 September 2013
Interest Payment Dates:             Each     20    September,   20
                                    December, 20 March and 20
                                    June
Books Close:                        From each 10 September, 10
                                    December, 10 March and 10
                                    June
Last day to register:               By:   17:00     on    each  09
                                    September, 09 December, 09
                                    March and 09 June
Interest Commencement Date:         24 May 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 23 May 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: 23/05/2013 03:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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