This chapter examines the functionality options of different structured products. The funding rate is essential in structured products, because it influences the yield of the bond component within a product. In a sense, the funding rate reflects the credit risk of the issuer, which in turn the investor perceives as the counterparty risk. Similar to fiduciary deposits, the investor bears the risk of the issuer going broke. Consequently, it is advisable to diversify the issuers in a portfolio. Structured products, being securitized and tradable financial instruments, have lending values like any other security. The level is usually determined by the credit department of the bank, and the level varies with the type of product, its maturity, its issuer and the underlying asset. Many products have no standard lending value, due to their exotic nature. Hence, they must be assessed on a case‐by‐case basis. As a rule, banks differentiate between capital guaranteed products and other products.