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New Financial Instrument Listing Announcement - “SBC168”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC168"
Stock Code: SBC168
ISIN Code: ZAG000217324
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC168 Senior Unsecured Floating Rate
Credit Linked Notes due 31 January 2037 - sponsored by The
Standard Bank of South Africa Limited, under its Structured Note
Programme.
Authorised Programme size ZAR150,000,000,000
Total notes issued
(including current issue) ZAR112,735,081,951.70
Full Note details are as follows:
Issue Date: 04 July 2025
Nominal Issued: ZAR100,000,000
Coupon Rate: three-month ZAR-JIBAR-SAFEX
Plus 2.20%
Coupon Indicator: Floating Rate
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 January 2037
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 July 2025
Interest Payment Dates: (i) Where the Issuer has
exercised its option in
terms of paragraph 34(h)
above, each 31 January, 30
April, 31 July, 31 October
of each year until (and
excluding) 31 January 2030
with the first Interest
Payment Date being 31 July
2025, if such day is not a
Business Day, 4 the Business
Day on which the interest
will be paid, as determined
in accordance with the
applicable Business Day
Convention (as specified in
this Applicable Pricing
Supplement)
(ii) Where the Issuer has
not exercised its option in
terms of paragraph 34(h)
above, each 31 January, 30
April, 31 July, 31 October
of each year until the
Scheduled Maturity Date with
the first Interest Payment
Date being 31 July 2025, if
such day is not a Business
Day, the Business Day on
which the interest will be
paid, as determined in
accordance with the
applicable Business Day
Convention (as specified in
this Applicable Pricing
Supplement)
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: The Books Closed Period
(during which the Register
will be closed) will be from
each 26 January, 25 April,
26 July and 26 October,
until the applicable
Interest Payment Date.
Last day to register: 17h00 on 25 January, 24
April, 25 July and 25
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 11 July 2025
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: 11-07-2025 09:55:00
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