Aspirin

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Aspirin

Australian Stock Price Riskless Indexed Notes. Zero-coupon four-year bonds repayable at face value plus the percentage increase by which the Australian stock index of all ordinaries (common stocks) rises above a predefined level during the given period.

Aspirin

Australian Stock Price Riskless Index Note. A debt security with no coupon with a return based on the return of a benchmark stock index. Unlike most zero-coupon bonds, an Aspirin is issued at face value; however, like others, it is redeemed at face value at maturity, which is four years after issue. The return (or the equivalent of a coupon) on an Aspirin is the fact that the bondholder receives a percentage of the return on the Australian all-ordinaries stock index provided it is over a certain amount. For example, if the limit is 5% and the return is 9% over the four years of the Aspirin, the bondholder receives a return of 4%. However, if the return on the all-ordinaries index falls below the limit, the bondholder receives no return. Aspirins allow investors to participate in the stock market without assuming all of the risk involved.
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Medicine Brand-Name Examples aspirin Anacin, Bayer, Bufferin, Ecotrin prednisone Deltasone, Meticorten, Orasone, Panasol
38% OUTLET ([dagger]) Best-sellers in drug stores Brand Manufacturer Advil Pfizer Aleve Bayer Consumer Health Bayer Bayer Consumer Health Tylenol McNeil Consumer Products Advil PM Pfizer Motrin IB McNeil Consumer Products AZO Standard i-Health Tylenol PM McNeil Consumer Products Ecotrin Prestige Brands Hyland's Hyland's Dollar Dollar Dollar sales Dollar share Brand sales % change share % change Advil $157,176,200 +7.
The Irvington, NY company is also buying pain relievers BC, Goody's and Ecotrin, gastrointestinal brands Gaviscon, Phazyme and Fiber Choice as well as Sominex sleep aids--17 brands in all.
These include Citrucel, Oscal, Chap-et, Contac, Debrox, Ecotrin, Feosol, Gaviscon, Geritol, Gly-oxide, Massengill, Nytol, Phazyme, Sominex, Tagamet, Targon and Vivarin.