US Wrap: Electric exposures liven up week

Morgan Stanley unveiled a six-month reverse convertible note linked to the iShares MSCI Brazil Index Fund, issued using the external credit of Eksportfinans. The note will pay an annualised coupon of between 17-21%, and investors will be repaid in fund shares if they slip to below 70% of their initial value. Barclays issued a single one-year reverse convertible note linked to General Electric, which pays an annualised coupon of 18% and has a stock barrier of 60% before it converts.

Meanwhile, Gol