The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN202”
Stock Code: SSN202
ISIN Code: ZAG000196643
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN202 Senior Unsecured Floating Rate
Notes due 30 May 2028 - 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) ZAR80,332,373,086.61.
Full Note details are as follows:
Issue Date: 30 May 2023
Nominal Issued: ZAR 20,000,000.00
Coupon Rate: 2.00% plus
Three-month ZAR-JIBAR-SAFEX
as per the Applicable
Pricing Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 28 February (unless a
Leap Year then 29 February),
30 May, 30 August and 30
November of each year,
commencing on 30 May 2023
until the Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 30 May 2028
Interest Commencement Date: Issue Date
First Interest Payment Date: 30 August 2023
Interest Payment Dates: Each 28 February (unless a
Leap Year then 29 February),
30 May, 30 August and 30
November of each year,
commencing on 30 August 2023
until the Maturity Date, the
Business Day on which the
interest will be paid, as
determined in accordance
with the applicable Business
Day Convention (as specified
in this Applicable Pricing
Supplement)
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: The Books Closed Period
(during which the Register
will be closed) will be from
23 February (unless a leap
year, then 24 February), 25
May, 25 August, and 25
November until the
applicable Interest Payment
Date
Last day to register: By 17h00 on 22 February
(unless a Leap year then 23
February), 24 May, 24
August and 24 November 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 29 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