看到这个Barrier Reverse Convertible不太懂它barrier这里什么意思 老师能给我讲一下吗
举例一个BRC: Initial reference level=3, the strike would be placed at-the-money (100% of the stock's spot price at the time of the issue) and the barrier at 70% of spot, coupon rate 7.5%每6个月付息一次。
老师这个例子是我编的,就是想让您给我用大白话讲解一下这个barrier怎么触发的story