New Financial Instrument Listing Announcement - “SBC246”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC246"
Stock Code: SBC246
ISIN Code: ZAG000223348
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC246 Senior Unsecured Mixed Rate Credit
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 ZAR122,723,191,532.31.
(including current issue)
Full Note details are as
follows:
Issue Date: 03 March 2026
Nominal Issued: ZAR500,000,000
Coupon Rate: Fixed Rate Notes – From, and
including, 20 December 2030
until (but excluding) the
Maturity Date: 8.90% per annum
payable semi-annually in
arrears, as per the Applicable
Pricing Supplement.
Floating Rate Notes - From, and
including, the Interest
Commencement Date to, but
excluding, 20 December 2030:
Compounded Daily ZARONIA plus
2.00% as per the Applicable
Pricing Supplement.
Coupon Indicator: Mixed Rate
Interest Determination Dates: In respect of:
Fixed Rate Notes – Not
Applicable
Floating Rate Note - The 5th
(fifth) Johannesburg Business
Day prior to each Interest
Payment Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 December 2035
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 March 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
March 2026.
Business Day Count
/Convention: Actual/365(Fixed) and Modified
Following Business Day.
Books Close: The "books closed period"
(during which the Register
will be closed) will be from
each 19 March to 20 March, 19
June to 20 June, 19 September
to 20 September and 19 December
to 20 December (or if such day
is not a Business Day, the
immediately preceding Business
Day) until the applicable
Interest Payment Date (all
dates inclusive)
Last day to register: 17h00 on 18 March, 18 June, 18
September and 18 December, or
if such day is not a Business
Day, the Business Day before
each Books Closed Period until
the
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 02 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: 02-03-2026 11:05:00
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