IMPACT OF COVID 19 TURMOIL ON FIXED COUPON NOTES (FCNS)

Rajiv Aggarwal

Chapter 8 in Fixed Coupon Note:High Returns and Low Risk, 2020, pp 147-153 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Let us see the journey of an FCN through the turmoil of the COVID-19 Pandemic. A 12-month FCN on the worst of Alexion Pharmaceuticals, Bank of America, and Facebook was done on June 12, 2019 with a Strike of 64.03% and Coupon of 8%. The FCN was autocallable on a quarterly basis if all three underlyings closed above initial level on any of the observation dates. The initial levels were as follows…

Keywords: Investments; Wealth Management; Structured Products; Reverse Convertibles; Autocallables; Investors; Investment Bank; Equity; Fixed Income; Bonds; Index; Phoenix Note (search for similar items in EconPapers)
JEL-codes: G11 G24 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789811225048_0008 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789811225048_0008 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789811225048_0008

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().