THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN624?

New Financial Instrument Listing Announcement - “CLN624”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN624”

Stock Code: CLN624
ISIN Code: ZAG000164104

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN624 Senior Unsecured Floating Rate
Credit Linked Notes due 25 January 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)           ZAR40,093,208,949.13
Full Note details are as follows:

Issue Date:                        08 November 2019
Nominal Issued:                    ZAR150,000,000
Coupon Rate:                       Three-month ZAR-JIBAR-SAFEX
                                   plus    2.05%,     per    the
                                   Applicable            Pricing
                                   Supplement
Coupon Indicator:                  Floating
Interest Rate Determination Dates: Each 25 January, 25 April,
                                   25 July and 25 October     of
                                   each year commencing on the
                                   Interest Commencement Date
                                   until the Maturity Date
Trade Type:                        Price
Issue Price:                       100%
Maturity Date:                     25 January 2023
Interest Commencement Date:        Issue Date
First Interest Payment Date:       25 January 2020
Interest Payment Dates:            Each 25 January, 25 April,
                                   25 July and 25 October of
                                   each year until the Maturity
                                   Date
Business Day Count/Convention:     Actual/365     (Fixed)    and
                                   Following Business Day
Books Close:                       Each 20 January, 20 April,
                                   20 July and 20 October of
                                   each    year,    until    the
                                   applicable Interest Payment
                                   Date
Last day to register:              17h00    on    19    January,
                                   19 April,    19    July   and
                                   19 October of each year, or
                                   if such day is not a Business
                                   Day, the Business Day before
                                   each books closed period
Placement Agent:                   The Standard Bank of South
                                   Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement:             Not Applicable

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 07 November 2019
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 07/11/2019 10:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.