RBC offers exposure to BP through structured products

BP used for RBC reverse convertible

Investors in the US can now buy BP using structured products, thanks to the Royal Bank of Canada (RBC), which yesterday issued a reverse convertible linked to the oil giant. BP's shares fell to a 13-year low on the London Stock Exchange on the same day, although its US shares fared better, having gained 1.2% in recent trading.

The RBC product is a three-month reverse convertible that pays an annual rate of 24.75%. It has a 65% protection barrier, after which principal will be lost at the rate of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

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 individual account here