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New Financial Instrument Listing Announcement - “SBC185”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC185"
Stock Code: SBC185
ISIN Code: ZAG000217886
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC185 Senior Unsecured Floating Rate
Credit and Index 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 ZAR115,623,909,461.59.
(including current issue)
Full Note details are as
follows:
Issue Date: 07 August 2025
Nominal Issued: ZAR588,000,000
Coupon Rate:
In respect of the Interest
Period from, and including
(i) the Issue Date up to, but
excluding, 31 July 2030: 1.40%
per annum;
(ii) 31 July 2030 up to, but
excluding, the Maturity Date:
9.30% per annum plus the
Swaption Return as defined in
the Applicable Pricing
Supplement payable semi-
annually in arrears.
Coupon Indicator: Fixed Rate
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 January 2037
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 January 2031
Interest Payment Dates:
(i) In respect of the Interest
Period from and including the
Issue Date up to, but
excluding, 31 July 2030: 31
July 2030, and if such day is
not a Business Day, the
Business Day as determined in
accordance with the applicable
Business Day Convention (as
specified in this Applicable
Pricing Supplement);
(ii) In respect of each
Interest Period from, and
including 31 July 2030 up to,
but excluding, the Maturity
Date: Each 31 January and 31
July of each year until the
Maturity Date, with the first
Interest Payment Date being 31
January 2031 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:
In respect of each Interest
Period from, and including:
(i) the Issue Date up to, but
excluding, 31 July 2030: The
Books Closed Period (during
which the Register will be
closed) will be from 26 July
2030,
(ii) 31 July 2030 up to, but
excluding, the Maturity Date:
The Books Closed Period during
which the Register will be
closed) will be 26 January and
26 July of each year,
Last day to register:
In respect of each Interest
Period from, and including:
(i) the Issue Date up to, but
excluding, 31 July 2030: 17h00
on 25 July 2030,
(ii) 31 July 2030 up to, but
excluding, the Maturity Date:
17h00 on 25 January and 25 July
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 06 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: 06-08-2025 12:31:00
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