US Wrap: Five from five closes the US week

The reverse convertible was issued by Citigroup Funding and linked to the stock of Nike. It lasts one year and pays an annualised coupon of between 10-13%. Capital is at risk if the stock breaches its 70% barrier.

The principal protected note offers a 100% capital guarantee, subject to the credit risk of issuer Bank of America. Investors' returns are capped at between 147-157% when the notes reach their five-year maturity, with 100% participation in the S&P 500 index. The notes will be sold by Me

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