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  "domain": "derivatives",
  "title": "EB knock-in structured product Japan retail",
  "entry_type": "wiki_entry",
  "frontmatter": {
    "title": "EB knock-in structured product Japan retail",
    "aliases": [
      "structured-product-eb-knockin-japan-retail",
      "Japan EB knock-in",
      "Japan equity bond knock-in",
      "Japan autocallable EB",
      "Japan worst-of EB retail",
      "EB 仕組債 ノックイン",
      "EB autocall 仕組債"
    ],
    "domain": "derivatives",
    "type": null,
    "created": "2026-05-25",
    "last_updated": "2026-07-29",
    "last_tended": "2026-07-29",
    "review_by": "2027-01-29",
    "confidence": "likely",
    "tags": [
      "derivatives",
      "structured-product",
      "eb",
      "knock-in",
      "autocallable",
      "worst-of-basket",
      "retail-loss",
      "fsa-suitability",
      "nomura",
      "smbc-nikko",
      "daiwa"
    ],
    "status": "active",
    "canonical_anchor": null,
    "related": [],
    "note": null,
    "sources": [
      "https://www.fsa.go.jp/",
      "https://www.fsa.go.jp/news/r4/syouken/20221017/20221017.html",
      "https://www.fsa.go.jp/en/news/2023/20230420/01.html",
      "https://www.jsda.or.jp/en/",
      "https://www.jsda.or.jp/en/activities/research-studies/",
      "https://www.fsa.go.jp/policy/customer_first/index.html",
      "https://www.daiwa.jp/products/bond/st/sheet/",
      "https://www.daiwa.jp/products/bond/cb/",
      "https://www.smbcnikko.co.jp/",
      "https://www.daiwa.jp/",
      "https://www.nomura.co.jp/"
    ]
  },
  "summary": "An EB (他社株転換可能債券) is a complex bond whose redemption may be made in shares of another company rather than cash, depending on the referenced share price and contractual terms. A knock-in clause can make the redemption outcome depend on whether a stated barrier is reached during the specified observat",
  "headings": [
    "EB knock-in structured product Japan retail",
    "TL;DR",
    "Wiki route",
    "Headline mechanics",
    "Multi-reference and worst-of variants",
    "Autocallable feature",
    "Investor position equivalence",
    "At-maturity payoff scenarios",
    "Knock-in observation wording matters",
    "Pricing components for the dealer"
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