US Wrap: Gas and gold in reverse convertibles

A second reverse convertible was launched by ABN Amro and links to the stock of Gold Fields, which extracts precious metals. It pays an annualised coupon of 12.3% over three months, with a 65% stock conversion barrier.

The new products were accompanied by three accelerated growth notes. Goldman Sachs has structured two investments using the external credit of Eksportfinans, which offer leveraged participation in either the S&P 500 or the MSCI Eafe index. However, the increased upside potential i

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