South Africa Market Review - October December 2013

Four products with a total estimated sales volume of ZAR108m ($10m) were added to the South African database during the fourth quarter of the year, four fewer than during the third quarter. Compared with the equivalent quarter last year, the South African structured products market is more active in terms of both issuance and volumes sold. During the fourth quarter of last year, just two new products were added with an estimated total sales volume of about ZAR39m ($5m). Excludes: Private Bank