This product has been repaid
・
Repayment day: 13/06/2022・
Repayment amount: 802.207 USDBonus amount per interval | 1.57% (15.736 USD) |
Call interval (in months) | 3 |
Call Level | – (–) |
Strike | 96.97 USD |
Barrier | 72.73 USD (75.00%) |
Distance to Barrier | – |
Ratio | 10.31247 |
Like the classic version, callable Barrier Reverse Convertibles (BRCs) are characterized by a pre-determined coupon and a safety buffer up to the barrier. The callable attribute improves the yield because coupons are generally higher than for regular BRCs, but investors bear the reinvestment risk if the products are redeemed ("called") early.