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New Financial Instrument Listing Announcement - “SBC174”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC174"
Stock Code: SBC174
ISIN Code: ZAG000217704
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC174 Senior Unsecured Mixed Rate Notes
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) ZAR114,144,804,251.70.
Full Note details are as follows:
Issue Date: 25 July 2025
Nominal Issued: ZAR75,000,000
Coupon Rate: In respect of each Interest
Period from, and including:
(i) the Issue Date to, but
excluding, 31 July 2028:
three-month ZAR-JIBAR-SAFEX
plus 3.00% quarterly; and
(ii) 31 July 2028 until, but
excluding,
the Maturity Date: Fixed
10.45% per annum payable
semi-annually
Coupon Indicator: Fixed Rate Notes – Fixed
Floating Rate Notes -
Floating
Interest Determination Dates: In respect of:
Fixed Rate Notes – Not
Applicable
Each 31 January, 30 April,
31 July and 31 October of
each year, commencing on
Issue Date until (but
excluding) 31 July 2028
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 January 2037
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 October 2025
Interest Payment Dates: In respect of:
Fixed Rate Notes - Each
31 January and 31 July of
each year until the Maturity
Date, with the first
Interest Payment Date being
31 January 2029 or, 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)
Floating Rate Notes –
Each 31 January, 30 April,
31 July and 31 October of
each year until (and
including) 31 July 2028 with
the first Interest Payment
Date being 31 October 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 25 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: 25-07-2025 12:15:00
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