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