Leonteq has launched a reverse convertible on Ether offering a guaranteed coupon of 20% pa and a strike level of 60% of the initial fixing level.
The US-denominated structure listed on the SIX Swiss Exchange has a nine-month term and struck yesterday (4 October). This is the second reverse convertible on Ether – the Swiss provider brought to market the first ever reverse convertible linked to this cryptocurrency , offering a guaranteed coupon of 10% (20% pa) and a strike level of 55% of the initial fixing level. With the new additions, ‘investors can select between a broad range of different crypto assets and their different
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