Enhanced Investments - Financial Portal

New Financial Instrument Listing Announcement - “SSN198”

Published: 2023-05-02 14:40:36 ET

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SSN198”

Stock Code: SSN198
ISIN Code: ZAG000195793

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN198 Senior Unsecured Floating Rate
Notes due 03 August 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)           ZAR79,853,020,978.61
Full Note details are as follows:
Issue Date:                         03 May 2023
Nominal Issued:                     ZAR 750,000,000
Coupon Rate:                        1% plus Three-month ZAR-
                                    JIBAR-SAFEX   as per   the
                                    Applicable         Pricing
                                    Supplement
Coupon Indicator:                   Floating

Interest Determination Dates:       03 May 2023
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      03 August 2023
Interest Commencement Date:         Issue Date
First Interest Payment Date:        03 August 2023

Interest Payment Dates:             03 August 2023


Business Day Count/Convention:      Actual/365(fixed)        and
                                    Following Business Day
Books Close:                        29 July 2023
Last day to register:               By 17h00 on 28 July 2023 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 02 May 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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.