Single-stock underlyings dominate latest US issuance

Screen full of share prices
Issuers take their pick of single stocks to underlie products

Issuance volumes have tailed off in the past few days compared to the previous week. Reverse convertibles remain the product of choice but review products on single companies also account for a significant proportion of new products.

Royal Bank of Canada has issued two such review products. The first is a one-year product tracking the stock of Aruba Networks. It has monthly review dates and will terminate early if on any of those dates the underlying is equal to or above its starting level, with

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: