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SBN02 and SBN03-Interest Rates

Published: 2022-05-09 16:23:31 ET
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Standard Bank Namibia Limited
Registration No. 2006/306
Registered in Namibia
(“SBN Limited” or “the group”)
Bond code: SBN02 ISIN: ZAG000178419
Bond code: SBN03 ISIN: ZAG000178427




INTEREST RATE RESET ANNOUNCEMENT – SBN02 & SNB03 NOTES




INTEREST RATE RESET – SBN02 NOTES

             5.89% p.a. (3 month ZAR-Jibar of 4.40% plus


                 1.49%) for the period 2 May 2022 to 2 August


                 2022, payable on 3 August 2022(Following*)


                 Next reset: 2 August 2022




INTEREST RATE RESET – SBN03 NOTES

         6.16% p.a. (3 month ZAR-Jibar of 4.40% plus


                 1.76%) for the period 2 May 2022 to 2 August


                 2022, payable on 3 August 2022(Following*)


                 Next reset: 2 August 2022




JIBAR rate as at 2 May 2022: 3 Month 4.40%




*When the interest payment date falls on a non-business day, the


interest will be paid on the first business day following the


weekend or public holiday.




9 May 2022


Windhoek, Namibia




Debt Sponsor
The Standard Bank of South Africa


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