Barrier was hit 25/05/2023
Product was called
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Repayment day: 25/09/2023Product Overview
Life Cycle
Initial FixingFirst trading dayBarrier hitCalledRedemption
Product Information
About this product
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.