US Wrap: Accelerated growth products take the lead

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Accelerated growth products take the place of reverse convertibles as the product of choice in the latest issuance. Credit Suisse has chosen to use benchmark indexes for its four offerings.

One of these is the Buffered Accelerated Return Equity Securities Linked to the iShares MSCI Emerging Markets Index Fund. Although the MSCI EAFE index is not a benchmark in the true sense of the word, it is used frequently for products in the US and has been used more often than the Russell 2000 (which also

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