The income product offers a fixed coupon linked to the performance of Marvell Technology shares with daily autocall observations over a one-year term.
HSBC has issued a Single US Daily Cash Dividend Linked Equity-Linked Investment (ELI) in Hong Kong linked to the shares of Marvell Technology . The income product has a term of around 1.1 years and offers a fixed coupon of 13.08% per annum with daily autocall observations. The product pays a fixed cash dividend equivalent to 13.08% per annum The note is issued by The Hongkong and Shanghai Banking Corporation Limited and references Marvell Technology (NASDAQ: MRVL). The offer opened and close