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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement: Tap Issue - SBS53

Release Date: 23/08/2017 14:45
Code(s): SBS53     PDF:  
Wrap Text
New Financial Instrument Listing Announcement: Tap Issue - SBS53

The Standard Bank of South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number 1962/000738/06)

Stock Code: SBS53
ISIN Code: ZAG000143603

New Financial Instrument Listing Announcement: Tap Issue

Authorised Programme size       R90,000,000,000.00
Total notes in issue            R67,884,470,517 (excluding this issue)

The JSE Limited has granted a listing to The Standard Bank of South
Africa Limited – Tap Issue of SBS53 Senior Unsecured Floating Rate
Notes under its Domestic Medium Term Note Programme

Full Note details are as follows:

Bond Code                       SBS53
Nominal Issued                  R255,000,000.00
Issue Price                     101.31938%
Coupon                          3 Month ZAR-JIBAR-SAFEX plus the
                                Margin of 197.5 bps
Coupon Rate Indicator           Floating
Trade Type                      Price
Maturity Date                   3 May 2027
Books Closed Date(s)            24 January, 23 April, 24 July and 24
                                October   of   each  year until  the
                                Maturity date
Interest Payment Date(s)        3 May, 3 August, 3 November and 3
                                February of each year until the
                                Maturity Date
Last Day to Register            By 17:00 on 23 January, 22 April, 23
                                July and 23 October of each year
                                until the Maturity Date
Issue Date/Settlement Date      24 August 2017
Business Day Convention         Following Business Day
Interest Commencement Date      3 August 2017
First Interest Payment Date     3 November 2017




Dated 23 August 2017

Debt Sponsor: The Standard Bank of South Africa Limited

Date: 23/08/2017 02:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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