Products
06 Mar 2025
South Africa’s FNB debuts worst-of on decrement plays
First National Bank (FNB), a division of FirstRand, has added another Bloomberg decrement index for its first worst-of autocall offering.
Products
09 May 2024
South Africa’s FNB expands tranche offering with first decrement play
The second tranche offered by the bank is part of its extended partnership with UBS.
Market Reviews
31 Oct 2023
South Africa Market Review, Q3 2023: issuance declines, FirstRand offers first self-issued note
Some 54 structured products with an estimated worth of ZAR613m ($32m) were added to the SRP South Africa database in the third quarter of 2023.
Market
11 Oct 2023
Exclusive: FirstRand introduces first self-issued structured note
The product will be distributed and hedged in-house as the South African bank’s nascent wealth & investments unit expands its offerings.