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New Financial Instrument Listing Announcement - “SBC175”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC175"
Stock Code: SBC175
ISIN Code: ZAG000217696
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC175 Senior Unsecured Floating Rate
Credit Linked Notes due 28 February 2033 - 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) ZAR114,312,304,251.70
Full Note details are as follows:
Issue Date: 25 July 2025
Nominal Issued: ZAR 527,000,000
Coupon Rate: three-month ZAR-JIBAR-SAFEX
Plus 1.875% with a maximum
rate of: 10.05%
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 28 February, 31 May, 31
August and 30 November of
each year, commencing on
Issue Date until the
Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 28 February 2033
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 August 2025
Interest Payment Dates: Each 28 February, 31 May, 31
August and 30 November of
each year until the Maturity
Date, with the first
Interest Payment Date being
31 August 2025 and during a
leap year, the Interest
Payment Date will be 29
February rather than 28
February 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)
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 23 February, 26 May, 26
August and 25 November, (and
during a leap year, the
Books Closed period will be
24 February rather than 23
February), until the
applicable Interest Payment
Date.
Last day to register: 17h00 on 22 February, 25
May, 25 August, and 24
November of each year, (and
during a leap year, the Last
Day to Register will be 23
February rather than 22
February) 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 24 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: 24-07-2025 12:55:00
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