BofA preps single-stock autocalls on new CHF indexes
SIX Group indexes slash implied forward cost for US underlyings including Nvidia and Microsoft
Bank of America is preparing to offer structured products linked to a new suite of indexes that provide Swiss franc-denominated exposure to some of the largest global single-name stocks, including Apple, Microsoft and Nvidia.
Published by Swiss Exchange parent and Swiss Market Index (SMI) administrator SIX Group, the 39 new indexes will be used as underlyings in autocallable bonds in an effort to
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