2009年1月9日 星期五

How was Mahogany Notes II being briefed?

Here is a link that showed how the credit linked Notes "Mahogany II" was introduced in the 2-page brief:

http://www.mahoganycapital.com.au/mahogany/PageAttachmentServlet?PageID=4764

It mentioned the fact of credit linked with many (a portfolio) of reference entities;
It listeded the portfolio entities' credit rating distribution, etc.

What was the brief clients received at banks in Hong Kong?
- It was credit linked with the 7 reference entities.

What was the banks' due diligent when banks were selling Minibond to clients?
What was the SFC's "disclosure" standard on the Minibond Prospectus?


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