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New Financial Instrument Listing Announcement - “SBC110”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC110"
Stock Code: SBC110
ISIN Code: ZAG000212473
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC110 Floating Rate Listed Notes due 31
January 2040- sponsored by The Standard Bank of South Africa
Limited, under its Structured Note Programme.
Authorised Programme size ZAR120,000,000,000
Total notes issued
(including current issue) ZAR102,453,214,429.70
Full Note details are as follows:
Issue Date: 11 February 2025
Nominal Issued: ZAR180,000,000
Coupon Rate: 3m J + 180bps
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 Date.
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 January 2040
Interest Commencement Date: Issue Date
First Interest Payment Date: 30 April 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
30 April 2025, 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).
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, 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 10 February 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: 10-02-2025 10:43:00
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