Product was called
・
Repayment day: 19/09/2024Bonus amount per interval | 2.50% (25.00 GBP) |
Call interval (in months) | 3 |
Call Level | 1.7705 GBP (12/09/2024) |
Strike | 1.7705 GBP |
Barrier | 1.1961 GBP (67.56%) |
Distance to Barrier | – |
Ratio | 564.8122 |
Graph | Underlying | Price (indicative) | Last Closing Price (indicative) | Performance | |
---|---|---|---|---|---|
- | Barclays Plc | 2.6457 GBP |
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.