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Now you PRDC them...

Author: Mark Pengelly

Source: Structured Products | 03 Mar 2010

Categories: Structured Products

Topics: Japan, Deutsche Bank, BNP Paribas, American International Group (AIG), Japanese yen, United States dollar

In simple terms, power-reverse dual-currency (PRDC) notes constitute a carry trade in which investors receive coupons based on foreign currency interest...

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