Flip-flop products – the rise of callable fixed income structures

The main effect that has been seen in every country is the increase in capital protected products compared to three years ago. This is because higher interest rates lower the cost of capital protection and leave enough value for equity linked upside potential. As a result, there has been a significant increase in capital protected digital and participation products. We can define a flip-flop to be any product with fixed income combined with either floating rate or equity returns  Anothe