US Wrap: Out comes Barclays again, with plethora of reverse convertibles

Barclays Bank's set of product offerings bloomed as the issuance week in the US as the week drew to a close. The UK bank produced a sequence of reverse convertibles that concentrated mainly on energy stocks, although with many other sectors represented: computing, metals and even financials. Eksportfinans rolled out an accelerated growth product based on the iShares MSCI EAFE Index Fund, while Royal Bank of Canada also based a growth product on three indexes.

JP Morgan offered a couple of reverse convertibles, and Goldman Sachs turned a little more exotic, offering a straddle product based on the S&P 500.

Issuer Product type Underlying(s) Pricing date Maturity date Barclays Bank Reverse Convertible Valero Energy Corp Jun 12 2009 Dec 16 2009 Barclays Bank Reverse Convertible Superior Energy Services Jun 12 2009 Dec 16 2009 Barclays Bank Reverse Convertible Research In Motion Jun 12 2009 Dec 16 2009 Barclays Bank Reverse Convertible Potash