Bank of America note swaps protection for higher returns

A cut and a cap

seesaw1

Bank of America has launched the Market Index Target-Term Securities, a six-year product linked to the performance of the Dow Jones Industrial Average Index. The note is a partially protected growth product and pays a proportion of invested capital plus returns proportional to any rise in the underlying.

The product will pay at least 90% of the principal amount at maturity regardless of the performance of the underlying. Returns will equal the rise in the index - for example, if index growth at

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

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

Register

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: