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STANDARD BANK GROUP LIMITED - SBT06-New Financial Instrument Listing

Release Date: 28/01/2020 15:56
Code(s): SBT206     PDF:  
Wrap Text
SBT06-New Financial Instrument Listing

Standard Bank Group Limited


Stock Code: SBT206
ISIN Code: ZAG000165754


The JSE Limited has granted a listing to Standard Bank Group Limited – SBT206 Tier 2 Notes under its
Domestic Medium-Term Note Programme.



Bond Code                            SBT206

Nominal Issued                       R2,000,000,000.00

Issue Price                          100%

Coupon                               8.708% (3 Month JIBAR as at 27 Jan 2020 of 6.558% plus 215
                                     bps)

Coupon Rate Indicator                Floating

Trade Type                           Price

Final Maturity Date                  31 January 2030

Books Close Date                     21 January, 20 April, 21 July, 21 October

Interest Payment Date(s)             31 January, 30 April, 31 July, 31 October

Last Day to Register                 By 17:00 on 20 January, 19 April, 20 July, 20 October

Issue Date                           30 January 2020

Date Convention                      Following

Interest Commencement Date           30 January 2020

First Interest Payment Date          30 April 2020

Call / Step Up Date                  31 January 2025

ISIN No.                             ZAG000165754

Additional Information               Unsecure, Callable - Tier 2


Dated 28 January 2020


Debt Sponsor: Standard Bank

Date: 28-01-2020 03:56:00
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