All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

FirstRand postpones tier two as South Africa fears increase

South Africa’s FirstRand Bank has postponed the 10 year non call five tier two capital bond it was expected to price on Friday, with leads blaming the delay on the deteriorating macroeconomic situation in South Africa.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree