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NBAD's $465m convertible bond benefits from rarity value

Reuters Middle East By Abhinav Ramnarayan LONDON, May 23 (IFR) - National Bank of Abu Dhabi tookadvantage of rarity value to upsize its convertible bond issueto US$465m this afternoon and still achieve a coupon of 1%, thetight end of guidance. The UAE's second largest lender earlier today said it wouldlook to issue a US$350m convertible bond with a yield of1.0%-1.5%, with a US$35m upsize option an…

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SPY SPY130921C00180000 SEP 13 180 Call 0.91 +7.10% 61,249
AMTD AMTD130817C00023000 AUG 13 23 Call 0.83 -8.30% 47,817
NTAP NTAP130921C00038000 SEP 13 38 Call 2.19 -8.40% 22,406
VXX VXX130622P00017000 JUN 13 17 Put 0.47 -14.50% 21,647
SLV SLV150117C00024000 JAN 15 24 Call 2.31 -11.30% 21,546
COP COP130622C00060000 JUN 13 60 Call 4.28 +6.90% 21,317
MDT MDT130720C00055000 JUL 13 55 Call 0.47 +210.00% 20,486
CSCO CSCO130720C00025000 JUL 13 25 Call 0.37 +8.80% 20,417
XLF XLF130817P00019000 AUG 13 19 Put 0.32 -4.50% 20,412
BAC BAC140118P00012000 JAN 14 12 Put 0.64 +4.90% 20,266
WFT WFT140118P00011000 JAN 14 11 Put 0.43 +1.20% 20,075
XOM XOM130622P00087500 JUN 13 87.5 Put 0.43 -4.50% 19,145
EEM EEM130622C00045000 JUN 13 45 Call 0.21 -10.60% 19,062
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