-+ 0.00%
-+ 0.00%
-+ 0.00%
Standard Bank Group lists R 2 billion in additional Tier 1 notes
Share
Listen to the news
Standard Bank Group lists R 2 billion in additional Tier 1 notes
  • Standard Bank Group secured JSE listings for R 2 billion of unsecured Additional Tier 1 Notes, scheduled for issuance November 9, 2026.
  • The R 538 million SBT118 floating-rate notes carry a coupon of ZARONIA compounded daily with a 194-basis-point spread.
  • The R 1.46 billion SBT119 mixed-rate notes initially pay 9.68% annually, with semiannual payments.
  • SBT119 switches to ZARONIA compounded daily with a 194-basis-point spread from December 31, 2031, unless redeemed earlier.
  • Both issuances are priced at 100%, with optional redemption on December 31, 2031, or any subsequent interest payment date.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Standard Bank Group Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S606212), on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending