WOW 0.12% $34.58 woolworths group limited

I looked up a definition of Barrier Warrants:"Barrier WarrantA...

  1. 657 Posts.
    I looked up a definition of Barrier Warrants:

    "Barrier Warrant
    A warrant with an additional 'barrier' clause in the terms. Usually the warrant will expire when a barrier level is breached."

    So I guess it is correct to call RBS minis a Barrier Warrant.

    However I believe most other Barrier Warrants expire worthless when the barrier is touched, whereas the RBS minis do have a residual value determined by the stop loss.

    Anyway the RBS web sit explains it all.
 
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