Deutsche's product offers a 10% downside buffer, with a capital loss of 1.11% for every percentage point the index slips below this level. The first observation date is in six months, when investors will receive back principal with a 6.53% coupon if the index is at 80% of its starting level. The levels increase on each six-month anniversary along with potential returns. A handful of similar products were launched earlier in the week by issuers HSBC, Deutsche, and JP Morgan.
The week on Risk.net, July 7-13, 2018Receive this by email