Blossoming forex

Foreign exchange

Securities houses in Japan have for a long time offered foreign exchange-linked structured products to investors hungry for high yield in the midst of what is a prolonged low interest-rate environment.

Typically, financial institutions have been selling structured products such as Bermudan multi-callable power-reverse dual-currency notes (PRDCs) to securities houses in Japan. PRDCs are principal-protected notes that pay a high initial coupon, ranging from 4-7%, with maturities of 30 years or

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: