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THE STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement

Release Date: 28/11/2014 16:30
Code(s): SBK20     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement

Dated: 1 December 2014

Stock Codes: SBK20 – ZAG000121781

The JSE Limited has granted a financial instrument listing to
The Standard Bank of South Africa Limited – “SBK20” Subordinated
Unsecured Tier 2 Notes under its Domestic Medium Term Note
Programme - sponsored by The Standard Bank of South Africa
Limited (acting through its Corporate and Investment Banking
Division)

Full Note details are as follows:

Authorised Programme size           R90,000,000,000.00
Total notes in issue                R65,921,241,151.00


Bond Code:                          SBK20
Aggregate Nominal Amount:           ZAR2,250,000,000.00
Coupon Indicator:                   Floating Rate
Trade Type                          Price
Floating Interest Rate              3 Month JIBAR as at 2
                                    December 2014 plus 350bps
Issue Price:                        100%
Maturity Date:                      2 December 2024, unless
                                    redeemed at the Optional
                                    Redemption Date
First Interest Payment Date:        2 March 2015
Interest Payment Dates:             2 December, 2 March, 2 June
                                    and 2 September of each year
                                    until the Maturity Date
Books Close:                        24 November, 24 February, 24
                                    May and 24 August each year
                                    to the Maturity Date
Last day to register:               By 17h00 on 23 November, 23
                                    February, 23 May and 23
                                    August of each year
Interest Commencement Date:         2 December 2014
Settlement Date:                    2 December 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.

For further information on the Notes issued please contact:
Alexi Contogiannis       SBSA (Sponsor)           (011) 721 8003

Date: 28/11/2014 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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