US Wrap: Goldman Sachs pushes boundaries of downside gearing

S&P 500-linked products came to dominate market activity at the end of last week, representing three out of only four structures issued. Bank of America offered the highest participation rate in the S&P at 300% over one year, with an upside cap of between 19-23%. Citigroup's was set at 200% over two years, and a subsequently higher ceiling of 30-34% set on returns. The structure also incorporates a 10% downside buffer.

Issuer

Product type

Underlying

Pricing date

Maturity date

Cit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here