Bank of America Corporation
Coupon p.a.: 7.00%Barrier: 37.07 USDUSDMaturity: 19/07/2027
%
USD Nominal
%
USD Nominal
Spread
Bank of America Corporation: 57.98 USD|Last Update:
Spread
Bank of America Corporation: 57.98 USD|Last Update:
Coupon (Coupon p.a.) | 7.0778% (7.00%) |
Next Coupon Payment | 7.07% (26/07/2027) |
Accrued Interest | 1.19% (11.861 USD) |
Yield Max | 7.73% |
Yield Max p.a. | 9.12% |
Strike | 61.78 USD |
Barrier | 37.07 USD (60.00%) |
Distance to Barrier | 36.06% |
Ratio | 16.18647 |
Barrier Reverse Convertibles (BRCs) are structured products, which are characterized by a fixed coupon and a certain safety buffer. As a result, investors are protected against price setbacks up to the barrier, while the profit potential is limited to the coupon.