It is another small but varied issuance for the US market and again includes a non-bank issuer, this time Swedish Export Credit, which has issued an accelerated growth product based on the S&P 500.
The two-year investment has a 200% participation rate, with a cap at 17–20%. It has a 20% buffer against any fall in the underlying index, after which capital will be lost at the rate of 1.25:1. The product has an overall rating of 7.6 and a riskmap score of 4.6.
Morgan Stanley has issued a product ba