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THE STANDARD BANK OF SOUTH AFRICA LIMITED - SBS69-New Financial Instrument Listing

Release Date: 29/11/2019 09:25
Code(s): SBS69     PDF:  
Wrap Text
SBS69-New Financial Instrument Listing

The Standard Bank of South Africa Limited
Incorporated in the Republic of South Africa
(“the Issuer”)


The JSE Limited has granted a listing to THE STANDARD BANK OF SOUTH AFRICA LIMITED-SBS69
Floating Rate Note on Interest Rate Market with effect from 2 December 2019.



NEW INTSRUMENT:                        FLOATING RATE NOTE



Bond Code                              SBS69

Nominal Issued                         R 1,000,000,000.00

Issue Price                            100%

Coupon                                 8.558% (3 Month JIBAR as at 27 November 2019 of 6.808% plus
                                       175 bps)

Coupon Rate Indicator                  Floating

Trade Type                             Price

Final Maturity Date                    02 December 2034

Books Close Date(s)                    21 February, 24 May, 24 August, 23 November

Interest Payment Date(s)               02 March, 02 June, 02 September, 02 December

Last Day to Register                   By 17:00 on 20 February, 23 May, 23 August, 22 November

Issue Date                             02 December 2019

Date Convention                        Following

Interest Commencement Date             02 December 2019

First Interest Payment Date            02 March 2020

ISIN No.                               ZAG000164575

Additional Information                 Senior, Unsecured


Further details of each of these notes may be obtained from the Applicable Pricing Supplement
applicable thereto which can be viewed at or downloaded from the Issuer’s or JSE’s websites:

www.standardbank.co.za
www.jse.co.za


Johannesburg
29 November 2019

Debt Sponsor:
Kea Sape: 011 721 5594

The Standard Bank of South Africa Limited
jsesponsor@standardbank.co.za

Date: 29-11-2019 09:25:00
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