US Wrap: Providers opt for external credit

Goldman Sachs also issued an accelerated growth note using its own paper, which gives exposure to the iShares MSCI Emerging Markets Index Fund. It lasts 18 months and gives 150% participation in the fund's performance. A downside buffer of 10% is incorporated, but participation beyond this is set at 111.11%.

Issuance favoured reverse convertibles, which were mainly issued by Barclays Bank. Apple equity, which was the most popular reverse convertible underlying in 2007, appears to be making a com

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: