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Banks (Finance)

Standard Bank of South Africa Limited Issues Notification of Interest Amounts

Strategic Insights

— 1 min read

The Standard Bank of South Africa Limited has issued a notification of interest amounts for various bond codes, as mandated by the JSE Limited Debt and Specialist Securities Listings Requirements. The notification provides details on the interest payments for 30 notes, including the interest rate, total amount, and interest payment date.

The notification is a crucial update for noteholders, as it provides them with the necessary information to make informed decisions about their investments. The Standard Bank of South Africa Limited is taking proactive steps to ensure that all stakeholders are informed and up-to-date on the company's financial activities.

Key Takeaways:

  • The notification covers 30 bond codes, each with a unique interest rate, total amount, and interest payment date.
  • Notably, the interest rates range from 8.875% to 11.225%, indicating varying levels of risk and return for noteholders.
  • The total amount paid in interest for each bond code varies significantly, with the highest amount being R17,319,178.09 for CLN614 and the lowest being R959,863.02 for CLN979.
  • Notably, the interest payment dates are identical for all 30 bond codes, set at 31st August 2025.
  • The Standard Bank of South Africa Limited has provided access to the Applicable Pricing Supplements for each note, which can be viewed on the company's website.
  • The issuer has utilized Bond Code: CLN649, ISIN NO: ZAG000166273, as the master bond code for this notification.
  • The terms and conditions of each bond code are specified in the Applicable Pricing Supplements, which noteholders can access on the company's website.

Statistics:

  • Total number of bond codes notified: 30
  • Lowest interest rate: 8.875%
  • Highest interest rate: 11.225%
  • Highest total amount: R17,319,178.09 for CLN614
  • Lowest total amount: R959,863.02 for CLN979
  • Interest payment date: 31st August 2025
  • Unique bond codes: CLN649, CLN614, CLN697, CLN698, CLN705, CLN746, CLN776, CLN778, CLN801, CLN807, CLN834, CLN835, CLN836, CLN837, CLN858, CLN873, CLN895, CLN898, CLN917, CLN919, CLN920, CLN922, CLN958, CLN959, CLN979, CLN985, CLN998, CLN999

Sources:

  • JSE Limited Debt and Specialist Securities Listings Requirements
  • The Standard Bank of South Africa Limited website: www.standardbank.co.za

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