| Mon 24 Oct 2011, 17:25 | | SBS16 - The Standard Bank of South Africa Limited - New Financial Instrument |
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SBS16 - The Standard Bank of South Africa Limited - New Financial Instrument
Listing Announcement
THE STANDARD BANK OF SOUTH AFRICA LIMITED - "SBS16" tap issue
Authorised Programme size R60,000,000,000.00
Total notes in issue R43,625,817,397.00
"SBS16" Tap
Dated: 24 October 2011
Stock Code: SBS16
ISIN Code: ZAG000086729
The JSE Limited has granted a listing to The Standard Bank of South Africa
Limited - SBS16 Senior Unsecured Floating Rate Note due 22 September 2018 -
sponsored by The Standard Bank of South Africa Limited (acting through its
Corporate and Investment Banking Division), under its Domestic Medium Term Note
Programme.
Full Note details are as follows:
Tap Amount Issued: ZAR 100 000 000
Aggregate Nominal following Tap: ZAR 456 000 000
Coupon Rate: 7.08% (being 150 bps over 3 month
JIBAR of 5.575%)
Tap Rate: 3 month Jibar of 5.575% plus a margin of
150 bps
Coupon Indicator: Floating
Issue Price: 100.639658%
Maturity Date: 22 September 2018
First Interest Payment Date: 22 December 2011
Interest Payment Dates: 22 September, 22 December, 22 March
and 22 June
Books Close: each 12 September, 12 December, 12 March
and 12 June
Last day to register: By 17:00h on 11 September, 11 December,
11 March and 11 June of each year
Interest Commencement Date: 25 October 2011
Settlement Date: 25 October 2011
Placement Agent: The Standard Bank of South Africa Limited
Notes will be deposited in the Central Depository ("CSD") and settlement will
take place electronically in terms of JSE Rules.
Dated: 24 October 2011
Further information on the Note issued please contact:
Sponsor - SBSA
Andrew Costa
Tel:(011) 378 7008 Email:andrew.costa@standardbank.co.za
Date: 24/10/2011 17:25:01 Produced by the JSE SENS Department.
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