THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN531

Release Date: 16/05/2018 15:15
Code(s): CLN531
 
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New Financial Instrument Listing Announcement - CLN531

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN531”

Stock Code:    CLN531
ISIN Code:     ZAG000151309

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN531 Senior Unsecured Floating Rate
Credit Linked Note due 12 March 2023 - sponsored by The Standard
Bank of South Africa Limited (acting through its Corporate and
Investment   Banking  Division),  under   its   Structured  Note
Programme.

Authorised Programme size          ZAR60,000,000,000
Total notes issued
(including current issue)          ZAR29,043,581,854.82
Full Note details are as follows
Issue Date:                        17 May 2018
Nominal Issued:                    ZAR65,000,000
Coupon Rate:                       three month ZAR-JIBAR-SAFEX
                                   plus 2.00% as per the Pricing
                                   Supplement
Coupon Indicator:                  Floating
Trade Type:                        Price
Maturity Date:                     12 March 2023
First Interest Payment Date:       12 June 2018
Interest Payment Dates:            Each     12 March,     12 June,
                                   12 September and 12 December
                                   until the Maturity Date
Business Day Count/Convention:     Actual/365      (Fixed)     and
                                   Following Business Day
Books Close:                       From each 02 March, 02 June,
                                   02 September and 02 December
                                   of each year commencing on 02
                                   June     2018,     until    the
                                   applicable Interest Payment
                                   Date.
Last day to register:              By: 17h00 01 March, 01 June,
                                   01 September and 01 December
                                   of each year commencing on 01
                                   June 2018.
Interest Commencement Date:        Issue Date
Placement Agent:                   The Standard Bank of South
                                   Africa Limited

Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.
Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 16 May 2018
Sponsor – The Standard Bank of South Africa Limited

For further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

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