Structured Notes: New deals update

Hawk diving 11 Oct 2021
;
Recent structured note activity in USD.

Start a free trial to read this article

Join today to access all  Total Derivatives content and breaking news. Already a subscriber? Please Log In to continue reading.

Or contact our Sales Team to discuss subscription options.

Get in Touch
Blurred image of Total Derivatives article content

 

USD:

 

  • JP Morgan is working on a self-led CMS linked note maturing Jul 2028 NC2 that pays 7.4% for the first two years and then pays a coupon tied to CMS2y/CMS10y, floored at zero. Domestic MTN.

     

  • Bank of Montreal is working on a self-led USD extendible with initial maturity Jul 2024 and then extendible to Jul 2028 that pays 6.2%. Domestic MTN.

     

  • JP Morgan is working on a self-led CMS steepener maturing Jul 2026 NC1 that pays 8.5% for the first year, then pays 10*(CMS2y/10y), floored at zero. EMTN.

     

  • Barclays is working on a self-led fixed callable maturing Jul 2026 NC1 that pays 5.8%. GMTN.

     

  • Barclays is working on a self-led fixed callable maturing Jul 2024 NC6m that pays 5.5%. GMTN.

     

  • Natixis is working on a self-led fixed callable maturing Aug 2024 NC1 that pays 5.1%. EMTN.

     

  • Credit Agricole is working on a self-led fixed callable maturing Jul 2030 NC1 that pays 5.2%. Redemption 100.01% (principal +0.01% as bonus coupon if CMS10y greater than or equal to 0% or else pays 100%). EMTN.

     

  • HSBC is working on a self-led $28.19m step-up callable maturing Jan 2025 NC1 that pays 4.7% to Jan 2024, 4.75% to Jul 2024 and 4.8% thereafter. Eurodollar.   

     

  • UBS is working on a self-led fixed callable maturing Jun 2025 NC1 that pays 6.575%. EMTN.

     

  • Societe Generale is working on a self-led CMS steepener maturing Jul 2038 NC4 that pays 10% for the first four years, then pays 50*(CMS2y/30y), capped at 10% and floored at zero. Conditional on the US Evolution 30 Index remaining at or above 60% of an initial index level throughout the life of the note. Domestic MTN.    

     

  • Societe Generale is working on a self-led CMS steepener maturing Jul 2043 NC6m that pays 20*(CMS2y/30y), capped at 10% and floored at zero. Conditional on the S&P 500, Russell 2000 Index and Nasdaq remaining at or above 60% of an initial index level throughout the life of the note. Domestic MTN.  

 

 

Related Topics

Most Popular