US Wrap: Barclays keeps priming reverse convertible pump

Barclays is keeping up the reverse convertible momentum of 2010, broadening the scope of available underlyings. Its latest clutch invites investors to bank on the fortunes of credit card companies, a valve provider and a robotic surgical equipment manufacturer. Among these were the usual stalwarts - Alcoa, the aluminium player, Motorola, Sun Trust Banks, Ford and Metlife.

Despite the scope of business, the underlyings all offer coupons within a relatively constrained range of 10-12.25%. The

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