17 January 2023: Wealth Product Ideas
3 Scenarios
- Early knock-out after 1st month = receive 100% notional + eligible coupons
- No knockout; underlying is at or above strike on final observation date = receive 100% notional + final coupon
- No knockout; underlying is below strike on final observation date = receive 100% notional converted to shares at strike + final coupon
(Source: Bloomberg)
3 Scenarios
- Early knock-out after 1st month = receive 100% notional + eligible coupons
- No knockout; underlying is at or above strike on final observation date = receive 100% notional + final coupon
- No knockout; underlying is below strike on final observation date = receive 100% notional converted to shares at strike + final coupon
(Source: Bloomberg)