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The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SBC169”
Stock Code: SBC169
ISIN Code: ZAG000217316
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC169 Fixed Rate Listed Notes due 28
February 2035 - 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) ZAR112,785,081,951.70
Full Note details are as follows:
Issue Date:
Nominal Issued: ZAR50,000,000
Coupon Rate: In respect of each Interest
Period from, and including:
(i) the Issue Date up to, but
excluding, 28 February 2030:
1.50% per annum; payable
quarterly in arrears
(ii) 28 February 2030 up to,
but excluding, the Maturity
Date: 9.00% per annum,
payable semi-annually in
arrears
Coupon Indicator: Fixed Rate
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 100%
Maturity Date: 28 February 2035
Interest Commencement Date: Issue date
First Interest Payment Date: 31 August 2025
Interest Payment Dates: In respect of each Interest
Period from, and including:
(i) the Issue Date up to, but
excluding, 28 February 2030:
Each 28 February, 31 May,31
August and 30 November of
each year until (and
including) 28 February 2030
with the first Interest
Payment Date being 31 August
2025 and during a leap year,
the Interest Payment Date
will be 29 February rather
than 28 February, 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)
(ii) 28 February 2030 up to,
but excluding, the Maturity
Date: Each 28 February and
31 August of each year until
the Maturity Date, with the
first Interest Payment Date
being 31 August 2030 and
during a leap year, the
Interest Payment Date will
be 29 February rather than
28 February 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: Not Applicable and Following
Business Day Convention.
Books Close: In respect of each Interest
Period from, and including:
(i) the Issue Date up to, but
excluding, 28 February
2030:The Books Closed Period
(during which the Register
will be closed) will be from
each 23 February, 26 May, 26
August and 25 November of
each year,
(ii) 28 February 2030 up to,
but excluding, the Maturity
Date: The Books Closed
Period (during which the
Register will be closed)
will be 23 February and 26
August of each year,(and
during a leap year, the
Books Closed Period will be
24 February rather than 23
February) until the
applicable Interest Payment
Date.
Last day to register: In respect of each Interest
Period from, and including:
(i) the Issue Date up to, but
excluding, 28 February 2030:
17h00 on 22 February, 25
May, 25 August and 24
November of each year,
(ii) 28 February 2030 up to,
but excluding, the Maturity
Date: 17h00 on 22 February
and 25 August of each
year,(and during a leap
year, the Last Day to
Register will be 23 February
rather than 22 February) 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 11 July 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
