Issuance numbers have been up and down this week – the latest offering consists of just two products, both principal-protected notes on the Dow Jones Industrial Average. The two products are very similar, although neither product type nor underlying are that common in the market.
Principal protection is a popular feature for the still cautious US investor, but the low interest rates mean issuers struggle to offer them with attractive returns.
The two products offer 100% of any upside in the unde
The week on Risk.net, 14-20 April, 2018Receive this by email