The following Structured Products are instruments listed on the JSE Interest Rate Market. A structured product is an investment product whereby a derivative, or combination of various derivative or other strategies have been used by the issuer to achieve a specific investment outcome.
Structured Products
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Credit Linked Notes
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Performance-based Bonds
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Disclaimer:
The Unwind Level provided is indicative and provided for informational purposes only and do not constitute either a bid to unwind or repurchase or an offer to buy or sell any Structured Product, exchange traded fund or exchange traded note (“financial instrument”). The actual unwind price may differ from the indicative unwind price provided below and may be less favourable to you, depending on market conditions and volumes.
FirstRand Bank Limited (“FirstRand”) does not assume liability for any losses arising from errors or omissions in the indicative unwind level, irrespective of whether there has been any negligence by FirstRand, its affiliates or any officers or employees of FirstRand and whether such losses be direct or consequential. Nothing contained herein is to be construed as guidance, a proposal or a recommendation or advice to enter into, or to refrain from entering into any transaction for the purchase or sale or redemption of any financial instrument, or as part of any offer to buy or sell any financial instrument, or otherwise.
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