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New Financial Instrument Listing Announcement - “SBC078”

Published: 2024-09-20 12:50:22 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SBC078”

Stock Code: SBC078
ISIN Code: ZAG000209065

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC078 Senior Unsecured Floating Rate
Credit Linked Notes due 20 December 2029- 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)           ZAR96 473 071 453.19

Full Note details are as follows:
Issue Date:                         23 September 2024
Nominal Issued:                     ZAR38,000,000

Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 2.30%

Coupon Indicator:                   Floating Rate


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 December 2029
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 December 2024

Interest Payment Dates:             Each 20 March, 20 June, 20
                                    September, and 20 December
                                    of each year until the
                                    Maturity   Date,   with   the
                                    first Interest Payment Date
                                    being 20 December 2024 or,
                                    if such day 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 (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
                                   each 15 March, 15 June, 15
                                   September, and 15 December,
                                   until     the      applicable
                                   Interest Payment Date.

Last day to register:              17h00 on 14 March, 14 June,
                                   14    September,   and    14
                                   December of each year, 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 20 September 2024
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