Product Overview
Life Cycle
Initial FixingFirst trading dateLast trading dateFinal fixingRedemption
Product Information
About this product
The uniqueness of Multi Barrier Reverse Convertibles with conditional coupons lies in the fact that, as the name suggests, the coupon payment is tied to the performance of the underlying assets and thus conditional. To receive a coupon payment, the price of the underlying assets must trade at or above the respective coupon levels on the pre-determined observation dates. Similar to traditional BRCs, this variant also features a barrier that provides investors with a certain degree of protection.