After an extensive issuance programme coming out of many of the US banks, the latest offering is much smaller. The accelerated growth product from Eksportfinans, a non-bank issuer, has a longer term than most of this type of product, with a three-year maturity.
Despite being classed as accelerated growth, the Access Securities with Capped Upside and Contingent Downside Protection Linked to the S&P 500 Index only offer 100% participation in any rise of the index, capped at 35-45%. There is a 60%
The week on Risk.net, July 7-13, 2018Receive this by email