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New Financial Instrument Listing Announcement - “SBC157”

Published: 2025-05-15 10:00:28 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SBC157”

Stock Code: SBC157
ISIN Code: ZAG000215765

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC157 Senior Unsecured Floating Rate
Credit Linked Notes due 20 June 2031 - sponsored by The Standard
Bank of South Africa Limited, under its Structured Note
Programme.

Authorised Programme size           ZAR150,000,000,000
Total notes issued
(including current issue)           ZAR112 413 412 951.70.

Full Note details are as follows:
Issue Date:                         16 May 2025
Nominal Issued:                     ZAR120,000,000

Coupon Rate:                        three-month    ZAR-JIBAR-SAFEX
                                    Plus 2.80%


Coupon Indicator:                   Floating Rate


Interest Determination Dates:       Each 20 March, 20 June, 20
                                    September and 20 December of
                                    each year, commencing on
                                    Issue    Date   until    the
                                    Maturity Date


Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 June 2031
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 June 2025

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 June 2025, 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, 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 15 May 2025
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