ANNAPURNA OPTION
A structure of an option contract originating from the "mountain range" series of exotic options. The Annapurna options caters a combination of a fixed coupon rate and attendance in the equity gains of a given basket of securities. The coupon rate is based on when the group's worst-performing stock fell under a predetermined level. The more elongated time it takes for the group's worst-performing stock to hit the predetermined low point, the higher will be the coupon payment for the investor. The equity participation rate ( in the given securities) also increases as the Annapurna option exists longer prior to the payout phase.
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| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
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| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
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