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STANDARD BANK OF SA LTD - New Financial Instrument Listing

Release Date: 25/04/2016 10:50
Code(s): SBK25 SBK26     PDF:  
Wrap Text
New Financial Instrument Listing

The Standard Bank of South Africa Limited
(Incorporated in the Republic of South Africa on [day and month]
1962)
(Registration number 1962/000738/06)
(“SBSA” or “the Company”)


Dated: 25 April 2016

Stock Codes: SBK25 – ZAG000135781
             SBK26 – ZAG000135799

New Financial Instrument Listing Announcement

The JSE Limited has granted a financial instrument listing to
The Standard Bank of South Africa Limited – “SBK25, SBK26”
Subordinated Unsecured Tier 2 Notes under its Domestic Medium
Term Note Programme

Full Note details are as follows:

Authorised Programme size            R90,000,000,000.00
Total notes in issue                 R 77,903,437,630.00




Bond Code                  SBK25
Nominal Issued             R 1,200,000,000.00
Issue Price                100 %
Coupon                     11.292% (3 Month JIBAR as at 25 April 2016
                           of 7.292% plus 400bps)
Coupon Rate Indicator      Floating
Trade Type                 Price
Final Maturity Date        25 April 2026
Books Close                15 January, 15 April, 15 July, 15 October
Interest Payment Date(s)   25 January, 25 April, 25 July, 25 October
Last Day to Register       By 17:00 on 14 January, 14 April, 14 July,
                           14 October
Issue Date                 25 April 2016
Date Convention            Following
Interest Commencement Date 25 April 2016
First Interest Payment Date 25 July 2016
Call / Step Up Date        25 April 2021
ISIN No.                   ZAG000135781


Bond Code                  SBK26
Nominal Issued             R 500,000,000.00
Issue Price                100 %
Coupon                     12.25%
Coupon Rate Indicator      Fixed
Trade Type                 Yield
Final Maturity Date        25 April 2026
Books Close                15 April, 15 October
Interest Payment Date(s)   25 April, 25 October
Last Day to Register       By 17:00 on 14 April, 14 October
Issue Date                 25 April 2016
Date Convention            Following
Interest Commencement Date 25 April 2016
First Interest Payment Date 25 October 2016
Call / Step Up Date        25 April 2021
ISIN No.                   ZAG000135799



Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.


Sponsor:     The Standard Bank of South Africa Limited, acting
             through its Corporate and Investment Banking division

For further information on the Notes issued please contact:
Davina Stoch        SBSA      (011) 802 8733

Date: 25/04/2016 10:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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