Space Exploration Technologies Corporation
Coupon p.a.: 18.65%Strike: 129.95 USDUSDLow StrikeMaturity: 22/06/2027
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USD Nominal
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USD Nominal
Spread
Space Exploration Technologies Corporation: 140.25 USD|Last Update:
Spread
Space Exploration Technologies Corporation: 140.25 USD|Last Update:
Coupon (Coupon p.a.) | 18.65% (18.65%) |
Next Coupon Payment | 18.65% (29/06/2027) |
Accrued Interest | 3.37% (168.37 USD) |
Yield Max | 18.12% |
Yield Max p.a. | 21.96% |
Distance to Strike | 7.34% |
Initial Reference Price | 173.27 USD |
Low Strike | 129.95 USD (75.00%) |
Ratio | 38.47634 |
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.