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THE STANDARD BANK OF SA LTD - The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - SSN024 BISTDB

Release Date: 17/01/2014 09:52
Code(s): SSN024
 
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The Standard Bank of South Africa Limited 
New Financial Instrument Listing Announcement - “SSN024”
BISTDB

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN024”

Stock Code: SSN024
ISIN Code: ZAG000111790

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN024 Senior Unsecured Floating Rate
Notes due 21 January 2019 - 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
Total notes issued                  ZAR27,382,541,083.55

Full Note details are as follows:

Issue Date:                         21 January 2014
Nominal Issued:                     ZAR40,000,000
Coupon Rate:                       For each Interest Period (as
                                   defined    in     the    Pricing
                                   Supplement),     if    on    the
                                   relevant                Interest
                                   Determination       Date     (as
                                   defined    in     the    Pricing
                                   Supplement)    3    month   ZAR-
                                   JIBAR-SAFEX is less than or
                                   equal to 7.72%: 3 month ZAR-
                                   JIBAR-SAFEX + 1.74%; and if 3
                                   month    ZAR-JIBAR-SAFEX      is
                                   greater   than    7.72%:   9.46%
                                   nacq, as per the Pricing
                                   Supplement
Coupon Indicator:                  Floating
Trade Type:                        Price
Maturity Date:                     21 January 2019
First Interest Payment Date:       21 April 2014
Interest Payment Dates:            Each 21 January, 21 April, 21
                                   July and 21 October
Books Close:                       From each of 11 January, 11
                                   April, 11 July and 11 October
Last day to register:              By: 17:00 on each 10 January,
                                   10 April, 10 July and 10
                                   October
Interest Commencement Date:        21 January 2014
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 17 January 2014
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

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