FirstRand Bank lists ZAR 20 million structured notes on JSE
Bitget2026/09/23 13:30- FirstRand Bank listed two structured product notes, FRE047 and FRE048, on the JSE from Sept. 29, 2026.
- Total issuance sized at ZAR 20 million, comprising 20,000 notes at ZAR 1,000 each.
- Notes track the Societe Generale SGI Dynamic US Equity & Gold Vol. Controlled 5.5% Index.
- Maturity and settlement set for Sept. 29, 2031; last day to trade is Sept. 22, 2031.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Silver Price Forecast: XAG/USD trades flat around $53 ahead of US inflation data
Swiss Franc holds ground as US Dollar consolidates ahead of CPI inflation data
Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks
Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Crypto prices
More
