The US bank is behind eight of the top 10 best-selling structures after partnering with six different issuers in March

A collaboration between Merrill Lynch and Barclays has become the highest selling structured product in the US market in March. The Accelerated Return Notes 06746Y499 , which has a maturity of approximately 14 months, sold US$99.5m at inception. The securities offer 300% in the upside performance of the S&P 500, subject to an overall maximum return of 111.58%. However, if the index closes below its strike level (2,815.44 basis points, set on March 28 2019), the investor participates 1:1 in

Continue reading and get unlimited access for 7 days with a free trial of SRP.

Get a free trial

Already a subscriber? Login