US Wrap: ABN Amro joins reverse convertible rally

The flurry included three technology stocks as underlyings, two motor industry stocks, and four financial stocks. Aside from the usual banking stocks, (Wells Fargo and Bank of America), the more unusual trade of NYSE Euronext exposure was on offer for the first time since February.

One of the highest coupons is available in a note linked to the equity of Las Vegas Sands, which pays 25% annualised. The structure lasts three months and has a conversion barrier of 60%.


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