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New Financial Instrument Listing Announcement - “SBC232”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC232"
Stock Code: SBC232
ISIN Code: ZAG000222258
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC232 Senior Unsecured Mixed Rate Credit
Linked Notes due 31 March 2038 - sponsored by The Standard Bank
of South Africa Limited, under its Structured Note Programme.
Authorised Programme size ZAR150,000,000,000
Total notes issued ZAR117,971,762,532.31.
(including current issue)
Full Note details are as
follows:
Issue Date: 23 January 2026
Nominal Issued: ZAR170,000,000
Coupon Rate: In respect of each Interest
Period from, and including:
(i)the Interest Commencement
Date to, but excluding,31
March 2030: three-month ZAR-
JIBAR-SAFEX plus 2.50%; and
(ii) 31 March 2030 until, but
excluding, the Maturity Date:
8.55% per annum payable semi-
annually in arrears
Coupon Indicator: Fixed Rate Notes – Fixed
Floating Rate Notes -
Floating
Interest Determination Dates: In respect of:
Fixed Rate Notes – Not
Applicable
Floating Rate Notes - Each
31 March, 30 June,
30 September and 31 December
of each year, commencing on
Issue Date until (but
excluding) 31 March 2030
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 March 2038
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 March 2026
Interest Payment Dates: In respect of: Fixed
Rate Notes - Each 31 March and
30 September of each year until
the Maturity Date, with the
first Interest Payment Date
being 30 September 2030 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 March, 30 June,
30 September and 31 December
of each year until (and
including) 31 March 2030 with
the first Interest Payment
Date being 31 March 2026, 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 March, 25 June, 25
September and 26 December,
until the applicable Interest
Payment Date.
Last day to register: 17h00 on 25 March, 24 June, 24
September and 25 December 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 Not Applicable
guarantee; security or credit
enhancement:
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 22 January 2026
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: 22-01-2026 11:53:00
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