UBS Markets CDOR, STIBOR Reverse Converts

UBS is marketing separate barrier reverse convertible structured products in Europe, with capital protection linked to the Eurostoxx 50 and coupon payments linked to the three-month interest rates of Canadian dollar CDOR and Swedish krona STIBOR. The CDOR and STIBOR structures, which are being offered in addition to the firm’s Euribor, CHF Libor and USD Libor products, are rare benchmarks for European-wide investors, according to structurers.