The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN890”
Stock Code: CLN890
ISIN Code: ZAG000190562
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN890 Senior Unsecured Credit Linked
Notes due 20 December 2027 - 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) ZAR 71,034,644,247.61
Full Note details are as follows:
Issue Date: 29 September 2022
Nominal Issued: ZAR25,000,000
Coupon Rate: three month ZAR-JIBAR-SAFEX
plus 3.10%
Coupon Indicator: Floating
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: 22 December 2027
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 December 2022
Interest Payment Dates: Each 20 March, 20 June, 20
September and 20 December of
each year until (and
including) the Maturity Date
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Optional Redemption Dates: Not Applicable
Books Close: From each 15 March, 15 June,
15 September, and 15
December, until the
applicable Interest Payment
Date
Last day to register: By: 17:00 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
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 28 September 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