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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN138?

Release Date: 19/10/2021 11:05
Code(s): SSN138     PDF:  
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New Financial Instrument Listing Announcement - “SSN138”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SSN138”

Stock Code: SSN138
ISIN Code: ZAG000180894


The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN138 Senior Unsecured Floating Rate
Note due 20 October 2022 - sponsored by The Standard Bank of
South Africa Limited, under its Structured Note Programme.

Authorised Programme size          ZAR80,000,000,000
Total notes issued
(including current issue)          ZAR60,469,775,397.61
Full Note details are as follows
Issue Date:                        20 October 2021
Nominal Issued:                    ZAR150,000,000
Coupon Rate:                       The greater of (i) the Margin
                                   minus three month ZAR-JIBAR-
                                   SAFEX and (ii) zero as
                                   specified in the Pricing
                                   Supplement
Coupon Indicator:                  Floating
Interest Rate Determination Dates: Each 20 January, 20 April, 20
                                   July and 20 October each year
                                   commencing on the Issue Date
                                   until the Maturity Date
Trade Type:                        Price
Issue Price:                       100%
Maturity Date:                     20 October 2022
Interest Commencement Date:        Issue Date
First Interest Payment Date:       20 January 2022
Interest Payment Dates:            Each 20 January, 20 April,
                                   20 July and 20 October of
                                   each year until the Maturity
                                   Date
Business Day Count/Convention:     Actual/365      (Fixed)     and
                                   Following Business Day
Books Close:                       Each 15 January, 15 April,
                                   15 July and 15 October until
                                   the     applicable     Interest
                                   Payment Date
Last day to register:              By:   17h00 on     14 January,
                                   14 April,    14     July    and
                                   14 October of each year, or
                                   if such day is not a Business
                                   Day, the Business Day before
                                   each   books   closed   period
                                   until the Maturity Date
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 19 October 2021

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: 19-10-2021 11:05:00
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