New Financial Instrument Listing Announcement
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN090”
Stock Code: SSN090
ISIN Code: ZAG000162645
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN090 Senior Fixed Rate Listed Note due
19 September 2020 sponsored by The Standard Bank of South Africa
Limited (acting through its Corporate and Investment Banking
Division), under its Structured Note Programme.
Authorised Programme size ZAR60,000,000,000
Total notes issued
(including current issue) ZAR37,129,508,949.13
Full Note details are as follows
Issue Date: 19 September 2019
Nominal Issued: ZAR300,000,000
Coupon Rate: Daily accrual at 8.20% within
the range, 3.14% outside the
range as fully described in
the Pricing Supplement
Coupon Indicator: Fixed
Interest Rate Determination Dates: Each day that is 3 (three)
Business Days prior to an
Interest Payment Date, with
the first Interest Rate
Determination Date being the
Interest Commencement Date.
Trade Type: Price
Issue Price: 100%
Maturity Date: 19 September 2020
First Interest Payment Date: 19 December 2019
Interest Payment Dates: 19 December 2019, 19 March
2020, 19 June 2020 and 19
September 2020
Business Day Count/Convention: Actual/365 and Following
Business Day
Books Close: From each 14 December 2019,
14 March 2020, 14 June 2020
and 14 September 2020, until
the applicable Interest
Payment Date.
Last day to register: By: 17h00 on 13 December
2019, 13 March 2020, 13 June
2020 and 13 September 2020 of
each year, until the Maturity
Date.
Interest Commencement Date: 16 September 2019
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 17 September 2019
Sponsor – The Standard Bank of South Africa Limited
For further information on the Note issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za
Date: 17/09/2019 05:50:00
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