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THE STANDARD BANK OF SA LTD - Interest Rate Announcement - SBS25

Release Date: 20/02/2014 07:05
Code(s): SBS25     PDF:  
Wrap Text
Interest Rate Announcement - SBS25

The Standard Bank of South Africa Limited

“SBS25” Tap
Dated: 19 February 2014
Stock Code: SBS25
ISIN Code: ZAG000095548

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBS25 Senior Unsecured Fixed Rate Notes
due 24 May 2019 - 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:                  ZAR854,000,000.00
Nominal Issued following Tap:       ZAR2,714,000,000.00
Coupon Indicator:                   Fixed Rate
Trade Type:                         Yield
Fixed Interest Rate:                8.87%
Issue Price:                        100.98331%
Maturity Date:                      24 May 2019
First Interest Payment Date:        24 May 2014
Interest Payment Dates:             24 May and 24 November each
                                    year to the Maturity Date
Books Close:                        14 May and 14 November each
                                    year to the Maturity Date
Last day to register:               By 17h00 on 13 May and 13
                                    November
Interest Commencement Date:         24 November 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: 20/02/2014 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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