FirstRand Bank lists ZAR 25 million structured product notes on JSE

Reuters2026/08/25 14:55

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FirstRand Bank will list ZAR 25 million of structured product notes on the JSE under stock code FRE045.
The issue comprises 25,000 notes priced at ZAR 1,000 each, with an issue date of Aug. 28, 2026.
The notes reference the Societe Generale SGI Dynamic US Equity & Gold Vol. Controlled 5.5% Index.
An instalment payment is scheduled for Aug. 28, 2029, with a fixed coupon set at 29% of 50% of the nominal amount.
Final redemption is due on Aug. 28, 2031, with payouts determined by a formula in the pricing supplement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FirstRand Bank Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S602085), on August 25, 2026, and is solely responsible for the information contained therein.

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.

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FirstRand Bank lists ZAR 25 million structured product notes on JSE

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