Autocallable products or kickout plans are aimed at investors seeking a pre-defined target return above the risk-free rate with the potential for early maturity. They are widespread in the UK, where they regularly account for the highest number of new trades of all product types. As autocallables have grown in popularity, issuers have made a wider range of terms and product features available to investors.
Royal Bank of Scotland has issued a series of four six-year autocallables linked to the FT
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