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THE STANDARD BANK OF SA LTD - Interest Rate Announcement - SBS18

Release Date: 19/02/2014 17:44
Code(s): SBS18     PDF:  
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Interest Rate Announcement - SBS18

The Standard Bank of South Africa Limited

“SBS18” Tap
Dated: 19 February 2014
Stock Code: SBS18
ISIN Code: ZAG000086745

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBS18 Senior Unsecured Fixed Rate Notes
due 23 June 2021 - 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:

Authorised Programme size           R60,000,000,000.00 (increased
                                    to R90,000,000,000.00 in
                                    terms of the Programme
                                    Memorandum dated 19 September
                                    2013)
Total notes in issue                R58,981,701,555.00

Tap Amount Issued:                  ZAR20,000,000.00
Nominal Issued following Tap:       ZAR1,395,000,000.00
Coupon Indicator:                   Floating
Trade Type:                         Price
Floating Interest Rate:             6.967% (3 Month JIBAR as at
                                    23 December 2013 of 5.217%
                                    plus 175 bps)
Issue Price:                        105.208058%
Maturity Date:                      23 June 2021
First Interest Payment Date:        23 March 2014
Interest Payment Dates:             23 March, 23 June, 23
                                    September and 23 December
                                    each year to the Maturity
                                    Date
Books Close:                        13 March, 13 June, 13
                                    September and 13 December
                                    each year to the Maturity
                                    Date
Last day to register:               By 17h00 on 12 March, 12
                                    June, 12 September and 12
                                    December of each year
Interest Commencement Date:         23 December 2013
Settlement Date:                    20 February 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.

Further information on the Note issued please contact:
Sponsor - The Standard Bank of South Africa Limited, acting
through its Corporate and Investment Banking Division

Date: 19/02/2014 05:44:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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