| Fri 15 Jun 2012, 13:22 | | SSN008 - The Standard Bank of South Africa Limited New Financial Instrument |
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JSE
BISTDB
SSN008 - The Standard Bank of South Africa Limited New Financial Instrument
Listing Announcement
Stock Code: SSN008
ISIN Code: ZAG000096421
The JSE Limited has granted a listing to The Standard Bank of South Africa
Limited - SSN008 Senior Unsecured Floating Rate Notes due 18 June 2017 -
sponsored by The Standard Bank of South Africa Limited (acting through its
Corporate and Investment Banking Division), under its Structured Note
Programme.
Authorised Programme size ZAR40,000,000,000
Total notes issued ZAR34,784,985,338
Full Note details are as follows:
Issue Date: 18 June 2012
Nominal Issued: ZAR250,000,000
Coupon Rate: 190bps over 3 month JIBAR rate as
determined on each Interest
Determination Date, subject to a maximum
of 10.37% nacq
Coupon Indicator: Floating
Trade Type: Yield
Maturity Date: 18 June 2017
First Interest Payment Date: 18 September 2012
Interest Payment Dates: Each 18 March, 18 June, 18 September and
18 December
Books Close: From each of 08 March, 08 June, 08
September and 08 December
Last day to register: By: 17:00 on each 07 March, 07 June, 07
September and 07 December
Interest Commencement Date: 18 June 2012
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 15 June 2012
Sponsor - The Standard Bank of South Africa Limited
Further information on the Note issued please contact:
Johann Erasmus SBSA (Sponsor) (011) 378 7826
Email: johann.erasmus@standardbank.co.za
Date: 15/06/2012 13:22:02 Produced by the JSE SENS Department.
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