diff --git a/source/templates.tex b/source/templates.tex
index df9ff43f0c..a595296e26 100644
--- a/source/templates.tex
+++ b/source/templates.tex
@@ -7501,7 +7501,7 @@
 \tcode{A})
 as described below.
 If removing references and cv-qualifiers from \tcode{P} gives
-\tcode{std::initializer_list<P$^{\prime}$>}
+$\tcode{std::initializer_list<P}^{\prime}\tcode{>}$
 or $\tcode{P}'\tcode{[N]}$
 for some $\tcode{P}'$ and \tcode{N} and the
 argument is a non-empty initializer list\iref{dcl.init.list}, then deduction is