Basket products still in vogue as maturities get longer
Basket products have remained popular throughout the year in the US market, with baskets of funds also becoming an increasingly sought-after underlying. The latest issuance reflects this trend and is characterised by larger baskets and products with extended maturities.
Barclays Bank has issued a seven-year accelerated growth product based on a basket of four underlyings. The term is much longer than most accelerated growth products in the market and is even longer than the majority of principal
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