US Wrap: Mid-week lull favours S&P 500
Only three new products were launched into the US market yesterday, a third of the previous day's issuance. Reverse convertibles were notably absent, replaced instead with two autocallable products and an accelerated growth structure all linked to the S&P 500. No maturities stretched further than two years.
Issuer
Product type
Underlying
Pricing date
Maturity date
HSBC USA Inc
Review
S&P 500
Feb 06 2009
Feb 24 2011
HSBC USA Inc
Review
S&P 500
Feb 06 2009
Feb 10 2011
Goldman Sachs
Accelerated Growth
S&P 500
Jan 30 2009
Oct 13 2010
Source: Future Value Consultants & SEC filings
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