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New Financial Instrument Listing Announcement - “CLN862”

Published: 2022-07-19 12:30:29 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN862”

Stock Code: CLN862
ISIN Code: ZAG000188343

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN862 Senior Unsecured Credit Linked
Notes due 20 June 2027 - sponsored by The Standard Bank of South
Africa Limited, under its Structured Note Programme.

Authorised Programme size           ZAR 80,000,000,000
Total notes issued
(including current issue)           ZAR 69,474,622,469.61

Full Note details are as follows:
Issue Date:                         20 July 2022
Nominal Issued:                     ZAR 70,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus   2.00%   as per   the
                                    Applicable          Pricing
                                    Supplement
Coupon Indicator:                   Floating

Interest Determination Dates:       Each 20 March, 20 June, 20
                                    September and 20 December of
                                    each year, commencing on the
                                    Issue Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 June 2027
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 September 2022

Interest Payment Dates:             Each 20 March, 20 June, 20
                                    September and 20 December of
                                    each year until the Maturity
                                    Date
Business Day Count/Convention:      Actual/365(fixed)        and
                                    Following Business Day

Books Close:                        From 15 March, 15 June, 15
                                    September and 15 December,
                                    until     the     applicable
                                    Interest Payment Date

Last day to register:               By 17:00 on 14 March, 14
                                    June, 14 September and 14
                                    December, or if such day is
                                   not a Business Day, the
                                   Business Day before each
                                   Books Closed Period.
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 19 July 2022
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