Basket products still in vogue as maturities get longer

Co-op shopping basket full of items
Basket products offer diverse market exposure

Basket products have remained popular throughout the year in the US market, with baskets of funds also becoming an increasingly sought-after underlying. The latest issuance reflects this trend and is characterised by larger baskets and products with extended maturities.

Barclays Bank has issued a seven-year accelerated growth product based on a basket of four underlyings. The term is much longer than most accelerated growth products in the market and is even longer than the majority of principal