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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC187?

Release Date: 08/08/2025 10:44
Code(s): SBC187     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBC187”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC187"

Stock Code: SBC187
ISIN Code: ZAG000218074

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC187 Senior Unsecured Floating Rate
Credit Linked Notes due 31 January 2037 - sponsored by The
Standard Bank of South Africa Limited, under its Structured Note
Programme.

Authorised Programme size           ZAR150,000,000,000

Total notes issued                  ZAR117,451,247,461.59.
(including current issue)

Full Note      details   are   as
follows:

Issue Date:                         11 August 2025

Nominal Issued:                     ZAR500,000,000

Coupon Rate:                        three-month      ZAR-JIBAR-SAFEX
                                    plus 1.55%

Coupon Indicator:                   Floating Rate

Interest Determination Dates:       Each 31 January, 30 April, 31
                                    July, and 31 October of each
                                    year, commencing on Issue Date
                                    until the Maturity

Trade Type:                         Price

Issue Price:                        100%

Maturity Date:                      31 January 2037


Interest Commencement Date:         Issue Date


First Interest Payment Date:        31 October 2025

Interest Payment Dates:             Each 31 January, 30 April, 31
                                    July, and 31 October of each
                                    year until the Maturity Date
                                    with   the   first   Interest
                                    Payment Date being 31 October
                                    2025, 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 26 January, 25 April, 26
                                    July and 26 October, until the
                                    applicable Interest Payment
                                    Date.

Last day to register:               17h00 on 25 January, 24 April,
                                    25 July, and 25 October 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 Not Applicable
guarantee; security or credit
enhancement:


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 08 August 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

Date: 08-08-2025 10:44:00
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