Standard Bank of South Africa Limited Lists Senior Unsecured Floating Rate Notes on the Johannesburg Stock Exchange

The Johannesburg Stock Exchange (JSE) has welcomed the listing of The Standard Bank of South Africa Limited's (SBSA) Senior Unsecured Floating Rate Notes, SBS98, SBS99, and SBS100, on its Interest Rate Market. These notes, issued under SBSA's Domestic Medium-Term Note (DMTN) program, were listed on 8 July 2025. The listing aims to provide investors with a secure and liquid platform to trade these securities.

Key Takeaways:

• The Standard Bank of South Africa Limited has listed three Senior Unsecured Floating Rate Notes, SBS98, SBS99, and SBS100, on the Johannesburg Stock Exchange (JSE).
• The notes were issued under the bank's Domestic Medium-Term Note (DMTN) program and listed on 8 July 2025.
• The total nominal issued amount for the three notes is R 2,271,000,000.00 (R 484,000,000.00 for SBS98, R 971,000,000.00 for SBS99, and R 816,000,000.00 for SBS100).
• The coupon rates for the notes are 3 Month JIBAR plus 84 bps for SBS98, 3 Month JIBAR plus 102 bps for SBS99, and 3 Month JIBAR plus 115 bps for SBS100.
• The notes have final maturity dates of 08 July 2028 (SBS98), 08 July 2030 (SBS99), and 08 July 2032 (SBS100).
• The interest payment dates for the notes are 08 October, 08 January, 08 April, and 08 July each year.
• The issuer employs a following business day convention for interest payments.

Statistics:

• Total nominal issued amount: R 2,271,000,000.00
• Issuance date: 8 July 2025
• Final maturity dates: 08 July 2028, 08 July 2030, 08 July 2032
• Interest payment dates: 08 October, 08 January, 08 April, and 08 July each year

Sources:

• Johannesburg Stock Exchange's official announcement
• The Standard Bank of South Africa Limited's website: www.standardbank.co.za