Market snapshot

Tim Mortimer of Future Value Consultants reviews the US and UK new issuance market for May, and finds that leveraged return notes remain the most highly sought-after investment in the public markets

tim-mortimer-fvc

Leveraged return notes accounted for almost half of the structured products new issuance in the US public markets in May, accounting for 49% and $803 million of notional sold. The products were of a longer term than many others sold in May, with an average tenor of two years. Reverse convertibles, which made up 13% of new issuance, generally had maturities of around one year.

These notes have been the most popular in the US over the past 12 months, which is remarkable in the uncertain financial

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here