New Financial Instrument Listing Announcement - “SBC248”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC248"
Stock Code: SBC248
ISIN Code: ZAG000223454
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC248 Senior Unsecured Mixed Rate Credit
Linked Notes due 20 December 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 ZAR121,622,151,532.31.
(including current issue)
Full Note details are as
follows:
Issue Date: 06 March 2026
Nominal Issued: ZAR150,000,000
Coupon Rate:
Floating Rate Notes – From,
and including, the Interest
Commencement Date to, but
excluding, 20 December 2030:
three-month ZAR-JIBAR-SAFEX
plus 3.00%, as per the
Applicable Pricing
Supplement.
Fixed Rate Notes: From, and
including, 20 December 2030
until, but excluding, the
Maturity Date: Fixed 10.65%
per annum payable semi-
annually in arrears, as per
the Applicable Pricing
Supplement
Coupon Indicator: Mixed Rate
Interest Determination Dates: In respect of:
Fixed Rate Notes – Not
Applicable
Floating Rate Notes - Each 20
March, 20 June, 20 September
and 20 December of each year,
commencing on Issue Date until
(but excluding) 20 December
2030.
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 December 2035
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 June 2026
Interest Payment Dates: In respect of:
Fixed Rate Notes - Each 20 June
and 20 December of each year
until the Maturity Date, with
the first Interest Payment
Date being 20 June 2031
Floating Rate Notes – Each 20
March, 20 June, 20 September
and 20 December of each year
until (and including) 20
December 2030, with the first
Interest Payment Date being 20
June 2026
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 15 March, 15 June, 15
September and 15 December
until the applicable Interest
Payment Date.
Last day to register: 17h00 on 14 March, 14 June, 14
September, and 14 December, 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 05 March 2026
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: 05-03-2026 12:10:00
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