US Wrap: Blizzard of secondary credit bolsters issuance

Both Deutsche Bank and HSBC offered a twist on S&P 500 exposure by launching products linked to baskets of indexes. Deutsche stayed with the US equity theme, while HSBC's product was linked to international indexes alongside the S&P 500: the Nikkei225 and the DJ Eurostoxx 50. The Global Opportunity Notes last five and a half years, with 100% principal protection at maturity, and 100% participation in the basket's performance, which is equally weighted among all three indexes. Returns are capped

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: