The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN197”
Stock Code: SSN197
ISIN Code: ZAG000195553
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN197 Zero Coupon Listed Notes due 02
May 2023 - sponsored by The Standard Bank of South Africa Limited
under its Structured Note Programme.
Authorised Programme size ZAR120 000 000 000
Total notes issued
(including current issue) ZAR78,706,020,978.61
Full Note details are as follows:
Issue Date: 17 April 2023
Nominal Issued: ZAR454,436,897
Coupon Rate: 4.23%, as per the Applicable
Pricing Supplement
Coupon Indicator: Implied Yield
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 100%
Maturity Date: 02 May 2023
Interest Commencement Date: 11 April 2023
First Interest Payment Date: 02 May 2023
Interest Payment Dates: 02 May 2023 or if such 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
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Convention
Books Close: 27 April 2023, until the
applicable interest Payment
Date
Last day to register: 17:00 on 26 April 2023, or
if such day is not a
Business Day, the Business
Day before each Books Close
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 Securities Depository
(“CSD”) and settlement will take place electronically in terms
of the JSE Rules.
Dated 14 April 2023
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