The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN880”
Stock Code: CLN880
ISIN Code: ZAG000189085
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN880 Senior Unsecured Floating Rate
Credit Linked Notes due 02 April 2026 - sponsored by The Standard
Bank of South Africa Limited, under its Structured Note
Programme.
Authorised Programme size ZAR80,000,000,000
Total notes issued
(including current issue) ZAR71,439,218,669.61
Full Note details are as follows:
Issue Date: 18 August 2022
Nominal Issued: ZAR100,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 1,95%, as per the
Pricing Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 02 January, 02 April,
02 July and 02 October of
each year, commencing on the
Issue Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 02 April 2026
Interest Commencement Date: Issue Date
First Interest Payment Date: 02 October 2022
Interest Payment Dates: Each 02 January, 02 April,
02 July and 02 October of
each year until Maturity
Date
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: From 28 December, 28 March,
27 June and 27 September of
each year until the
applicable Interest Payment
Date
Last day to register: By: 17:00 on 27 December, 27
March, 26 June and 26
September 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 17 August 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