The challenges for structured products in South Africa

At the 10th annual StructuredRetailProducts.com (SRP) conference in London last week we discussed the challenges for structured products in a South African context, which can first and foremost be highlighted by the difficulty SRP experienced in putting together a database to record market participants providing retail structured products. The lower yield environment remains challenging and although South African yields are around 5.0% for 3-month Johannesburg Interbank Agreed Rate (JIBAR) with