{"iri":"http://lmss.sali.org/RBzTYMdPGeM2JsutnZtT7Fi","id":"RBzTYMdPGeM2JsutnZtT7Fi","label":"Outperformance Bonus Certificate","definition":"An Outperformance Bonus Certificate is a financial instrument that allows disproportionate participation in the positive performance of the underlying asset or assets above a certain strike level, combined with protective features. The minimum redemption value is equal to the nominal value, provided a specified barrier has not been breached; if the barrier is breached, the product converts into an outperformance certificate. With greater risk, multiple underlying assets (worst-of) allow for a higher bonus level or lower barrier, offering reduced risk compared to a direct investment in the underlying assets.","prefLabels":[],"altLabels":[],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RCIwc6WJi6IT7xePURxsi4T","label":"Asset Type"},"parents":[{"iri":"http://lmss.sali.org/R2Kr3kWHR9cR4zALXqt1nM","id":"R2Kr3kWHR9cR4zALXqt1nM","label":"Structured Certificate"}],"children":[],"relations":[],"url":"https://lmss.io/tag/RBzTYMdPGeM2JsutnZtT7Fi/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}