STANDARD BANK NAMIBIA LIMITED - Interest Rate Reset Announcement SBN02 & SNB03 Notes

Interest Rate Reset Announcement – SBN02 & SNB03 Notes

Standard Bank Namibia Limited
Registration No. 2006/306
Registered in Namibia
("SBN Limited" or "the group")
Bond code: SBN02 ISIN: ZAG000178419
Bond code: SBN03 ISIN: ZAG000178427


INTEREST RATE RESET ANNOUNCEMENT – SBN02 & SNB03 NOTES


INTEREST RATE RESET – SBN02 NOTES

       9.84% p.a. (3-month ZAR-Jibar of 8.35% plus 1.49%) for the period 2 May 2024 to 2
       August 2024, payable on 2 August 2024(Following*)

       Next reset: 2 August 2024


INTEREST RATE RESET – SBN03 NOTES

       10.11% p.a. (3-month ZAR-Jibar of 8.35% plus 1.76%) for the period 2 May 2024 to
       2 August 2024, payable on 2 August 2024(Following*)

       Next reset: 2 August 2024


JIBAR rate as at 26 April 2024: 3 Month 8.35%


*When the interest payment date falls on a non-business day, the interest will be paid
on the first business day following the weekend or public holiday.




26 April 2024

Windhoek, Namibia

Debt Sponsor


The Standard Bank of South Africa

Produced by the JSE SENS Department. The SENS service is an information dissemination
service administered by the JSE Limited ('JSE').

The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any
way guarantee the truth, accuracy or completeness of the information published on SENS.
The JSE, their officers, employees and agents accept no liability for (or in respect of)
any direct, indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on, information
disseminated through SENS.

Date: 26-04-2024 02:25:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.