US wrap: RBS issues reverse convertible linked to Apple

iPhone producer is used for RBS reverse convertible

Issuance volumes in the US are still struggling to climb back to normal levels but the latest offering does see a return to reverse convertibles and products on single underlyings rather than the multiple basket products that have been in evidence recently.

Royal Bank of Scotland (RBS) has selected Apple as the basis of a reverse convertible. Despite the well-publicised problems with the iPhone 4, the technology company's revenues keep on rising. However, disappointment over the new phone pulled

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a 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