I have some info on range accruals notes issued by lloyds, and bnp bank, these notes when they are in the secondary market are sold at a discount, as the notes usually have ten year maturities, but usually are called after two years.

I have some info on range accruals notes issued by lloyds, and bnp bank, these notes when they are in the secondary market are sold at a discount, as the notes usually have ten year maturities, but usually are called after two years.

I have some info on range accruals notes issued by lloyds, and bnp bank, these notes when they are in the secondary market are sold at a discount, as the notes usually have ten year maturities, but usually are called after two years.

I have some info on range accruals notes issued by lloyds, and bnp bank, these notes when they are in the secondary market are sold at a discount, as the notes usually have ten year maturities, but usually are called after two years.

Any ideas on target redemption notes or tarns, are they still interesting . If the redemption clause is indexed to 30 year swaps minus 10 year swaps, does that make a interesting trade .