ABN and General Motors get smart


ABN Amro and General Motors have jointly developed European SmartNotes, a programme designed specifically for the European retail investor market. Bonds will be issued through the bank’s European Direct Access Notes distribution platform and distributed through a network of 12 banks.

“The product offers individual investors a simpler and more transparent approach to bond investing,” says Patrick Kelly, managing director of ABN’s LaSalle bonds business. “The prices will be at par, and investors

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