Multi Callable Barrier Reverse Convertible
BP PLC, Shell PLC, Chevron Corp.
Kupon p.a.: 11,25% | Issuercallable | Währung: USD | Laufzeit: 31.03.2025Updated 06/12/2023, 20:55:00-0.21%
95.60
%
96.50
%
Spread0.94%
Spread0.94%
Bonus amount per interval | 2.81% (28.125 USD) |
Call interval (in months) | 3 |
Distance to Barrier | 29.01% |
Like the classic version, Multi Callable Barrier Reverse Convertibles (BRCs) are characterized by a pre-determined coupon and a safety buffer up to the barriers. The callable attribute improves the yield because coupons are generally higher than for regular Multi BRCs, but investors bear the reinvestment risk if the products are redeemed ("called") early.