US Wrap: Reverse convertibles dominant product in Monday’s market

Wachovia put its name to two products issued by external credit provider Eksporfinans. Although one was the typical S&P 500 accelerated growth play, the other linked to the Dow Jones Industrial Average, another break with tradition and only the second structure this year linked to the index.

Issuer

Product type

Underlying

Pricing date

Maturity date

Royal Bank of Canada

Reverse Convertible

General Electric

Apr 17 2009

Jul 22 2009

UBS AG

Accelerated Growth

S&P 500

Apr 03 2009

Oct 08 2010

Eksportfinans ASA

Accelera

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: