| Fri 25 Nov 2011, 7:49 | | CLN223 - The Standard Bank of South Africa Limited - New Financial Instrument |
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CLN223 - The Standard Bank of South Africa Limited - New Financial Instrument
Listing Announcement
The Standard Bank of South Africa Limited
Stock Code: CLN223
ISIN Code: ZAG000091026
New Financial Instrument Listing Announcement
The JSE Limited has granted a listing to The Standard Bank of South Africa
Limited - CLN223 Senior Unsecured Floating Rate Credit Linked Note due 15 June
2014 - sponsored by The Standard Bank of South Africa Limited (acting through
its Corporate and Investment Banking Division), under its Credit Linked Note
Programme.
Authorised Programme size ZAR40,000,000,000
Total notes issued ZAR30,057,464,467
Full Note details are as follows:
Issue Date: 24 November 2011
Nominal Issued: ZAR32,000,000
Coupon Rate: 1000bps over 3 month JIBAR rate as determined
on each Interest Determination Date
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 15 June 2014
First Interest Payment Date: 15 December 2011
Interest Payment Dates: Each 15 December, 15 March, 15 June and 15
September
Books Close: From each 05 December, 05 March, 05 June and
05 September
Last day to register: By: 17:00 on each 04 December, 04 March, 04
June and 04 September
Interest Commencement Date: 24 November 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 November 2011
Sponsor - The Standard Bank of South Africa Limited
Further information on the Note issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za
Date: 25/11/2011 07:49:00 Produced by the JSE SENS Department.
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