New Financial Instrument Listing Announcement - “SSN138”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN138”
Stock Code: SSN138
ISIN Code: ZAG000180894
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN138 Senior Unsecured Floating Rate
Note due 20 October 2022 - 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) ZAR60,469,775,397.61
Full Note details are as follows
Issue Date: 20 October 2021
Nominal Issued: ZAR150,000,000
Coupon Rate: The greater of (i) the Margin
minus three month ZAR-JIBAR-
SAFEX and (ii) zero as
specified in the Pricing
Supplement
Coupon Indicator: Floating
Interest Rate Determination Dates: Each 20 January, 20 April, 20
July and 20 October each year
commencing on the Issue Date
until the Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 October 2022
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 January 2022
Interest Payment Dates: Each 20 January, 20 April,
20 July and 20 October of
each year until the Maturity
Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: Each 15 January, 15 April,
15 July and 15 October until
the applicable Interest
Payment Date
Last day to register: By: 17h00 on 14 January,
14 April, 14 July and
14 October 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 19 October 2021
Sponsor – The Standard Bank of South Africa Limited
For further information on the Note issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za
Date: 19-10-2021 11:05:00
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