According to Bloomberg the 2-Yr Auto-Callable Note note traded 64 times in 10 days. The paper pays 30 percent if the index appreciates by maturity with a 5 percent protection limit. Structured notes have gained popularity in recent weeks thanks to market volatility.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in