Structured product

Structured Product Categories

  • Interest rate-linked notes and deposits
  • Equity-linked notes and deposits
  • Exchange-traded note
  • FX and commodity-linked notes and deposits
  • Floating rate notes and inverse floating rate notes
  • Hybrid-linked notes and deposits
  • Credit-linked notes and deposits
  • Constant proportion debt obligations (CPDOs)
  • Constant proportion portfolio insurance (CPPI)
  • Market-linked notes and deposits

A structured product, also known as a market-linked investment, is a pre-packaged structured finance investment strategy based on a single security, a basket of securities, options, indices, commodities, debt issuance or foreign currencies, and to a lesser extent, derivatives. Structured products are not homogeneous — there are numerous varieties of derivatives and underlying assets — but they can be classified under the aside categories. Typically, a desk will employ a specialized "structurer" to design and manage its structured-product offering.