ABN Amro cashes in on retail demand
NEWS
Named 'Joyous Notes', the product, launched last week, is available in two tranches. Tranche A is a HKD-denominated note that tracks five leading equities from various sectors. Tranche B uses the same equities as tranche A but is also linked to the EUR/USD FX rate. With a tenor of two years the notes pay a fixed coupon of 8% at the end of the first six months. Depending on the performance of the basket of five stocks, investors can receive up to 15% under tranche A and a maximum of 20% after the
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