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News 2026-09-21 16:24 UTC

Standard Bank lists ZAR 1.37 bln floating rate notes on JSE

Standard Bank Group listed ZAR 1.37 billion SBT216 floating rate Tier 2 Notes on the JSE. Pricing set at 100%% with a coupon of ZARONIA compounded daily plus 140 bps. Notes mature on Sept. 23, 2036 with an optional redemption date on Sept. 23, 2031. Issue date set for Sept. 22, 2026 with the first interest payment due