Iris Energy Limited
Coupon p.a.: 27.20%Strike: 23.863 USDUSDLow StrikeMaturity: 01/07/2026
%
USD Nominal
%
USD Nominal
Spread
Iris Energy Limited: 65.49 USD|Last Update:
Spread
Iris Energy Limited: 65.49 USD|Last Update:
Coupon (Coupon p.a.) | 6.80% (27.20%) |
Next Coupon Payment | 6.80% (09/07/2026) |
Next Coupon Ex-Date | – |
Yield Max | 0.38% |
Yield Max p.a. | 3.87% |
Distance to Strike | 63.56% |
Initial Reference Price | 34.09 USD |
Low Strike | 23.863 USD (70.00%) |
Ratio | 419.05879 |
Reverse convertibles are structured products that perform particularly well in sideways or slightly down markets. Due to the fixed coupon, a positive return can be achieved even in such markets. However, the upside potential is limited to the coupon.