Merrill Lynch launches retail structured notes in Singapore

News

US bank Merrill Lynch in October launched its first equity-linked structured notes for the retail market in Singapore.

The Citrine Giant Booster Notes, offered in Singapore dollar and US dollar tranches, are principal-protected and pay a fixed coupon of 3% and 6% respectively at the end of six months. Thereafter, semi-annual variable coupons of up to 6% for the Singapore dollar notes and up to 12% for the US dollar notes would be paid if all the reference shares in a basket of eight global bl

To continue reading...

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 indvidual account here: