US Wrap: Reverse convertibles return

After branching out into other investments, the US market has returned to its staple of reverse convertibles. ABN Amro joins Barclays-dominated issuance with notes based on a technical licensing company.

Barclays Reverse Convertible Notes linked to Rambus, issued by ABN Amro, are six-month investments offering an annual rate of 12.5%, with a 75% barrier, after which capital will be lost on a 1:1 basis.

Two gold mining companies also appeared as underlyings, allowing investors to have a share in

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