Two other reverse convertible notes were issued into the space by as many providers, both using their own credit: Morgan Stanley and Citigroup. Morgan Stanley also linked its note to the US Oil Fund - with a 60% barrier and a six-month life, the annualised coupon is 20.1%. This is against Barclay's 14.75% with the same terms and underlying.
Feb 10 2009
Aug 13 2009