US Wrap: Reverse convertibles hold sway as underlying scope widens

Four notes were issued by Bank of America, using the branding and nomenclature of recently acquired subsidiary Merrill Lynch. The notes broaden the scope of exposure, with two offering participation in the Nikkei 225 and the Eurostoxx 50 alongside the S&P 500 in either a principal protected or accelerated growth structure.

The bank also launched Capped Leveraged Index Return Notes (Lirns) linked to the performance of the MSCI Eafe Index, which includes international equities, the MSCI Emerging Ma

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