Barclays Bank has issued a 14-month leveraged return note linked to the performance of a basket of underlying stocks. This type of structure is a growth product with geared participation in the underlying. It places capital at risk and includes a cap on returns.
The basket comprises three equally weighted technology stocks - Apple, Facebook and Yahoo! - all of which trade on the Nasdaq stock exchange. The product's payout will be determined by the value of the basket. All three stocks performed