The underlying assets for the warrants issued by Bankinter are domestic shares and indices. The shares acting as underlying assets are the following: Telefonica, Repsol, SCH and BBVA. The Ibex 35 index will act as underlying asset for 19 other warrants.
Among the issues are call and put warrants, all of them European type and with expiry dates on 16 September and 16 December 2004.
As for the 80 warrants issued by Banco de Financiación, its underlying assets are domestic indices and domestic and foreign shares. Of them, 53 warrants have been issued on the following underlying assets: Altadis, BBVA, Endesa, Gas Natural, Inditex, Indra, Banco Popular, Repsol, SCH, Sogecable, Telefónica and Telefónica Moviles.
As to foreign shares, 22 warrants have been issued on the following underlying assets: ABN Amro, Alcatel, Deutsche Telekom, France Telecom and Nokia. As for indices, 5 other warrants have been issued on the Ibex 35 index.
These issues too include CALL and PUT warrants, all American style and with expiry date on 18 March 2005.
In the first 5 months of the year the number of warrant premiums traded reached € 818 million, 4.61% up on the same period last year. During the same period the number of warrants traded was € 1.5 bn, 7.06% up on the same period lat year.
From January to May, the number of premiums traded linked to CALL warrants was 668 million (82% of the total), and the trading volume of premiums linked to PUT came in at 150 million. During the same period the 10 most traded underlying assets were as follows: Telefónica, Ibex 35, Repsol, BBVA, SCH, Endesa, euro/ dollar exchange rate, Nokia, Altadis and Alcatel.
With these new warrants, new issues on the market from the beginning of the year amount to a total of 617, up 35% from 457 issues made in the same period last year.
