Standard Bank supports SA Home Loans’ 25-year legacy with R 2.3 billion in RMBS funding

Over its 25-year history, SA Home Loans (SAHL) has firmly established itself as South Africa’s largest specialist non-bank home mortgage provider. To date, SAHL has raised over R90 billion from the capital markets through its various securitisation structures, using this funding to provide home loans to aspiring South African homeowners and families. Standard Bank is proud to partner with an organisation dedicated to helping South African citizens achieve homeownership and contribute to the country's economic growth.

Standard Bank served as co-arranger and dealer in facilitating both successful auctions, which included the issuance of R307 million for The Thekwini Fund 18 through a short-dated instrument targeting money market funds, and R2 billion across six tranches of debt instruments for The Thekwini Fund 19 as part of the second tap issue under the programme. Additionally, the bank continues to support SAHL by acting as debt sponsor, settlement agent, standby servicer, and liquidity facility provider for both The Thekwini Fund 18 and The Thekwini Fund 19.

These results underscore the solid track record that SAHL has established with South African institutional investors over the past two decades. They reflect the strength of SAHL's management and the exceptional performance of its portfolio, supported by resilient funding structures that consistently deliver sustainable outcomes for investors, the real estate market, and the South African economy. We extend our best wishes to SAHL as they continue to set the gold standard in South African securitisation.