BNPP Fortis issuance vehicle reports increase in index-linked notes

Marc Wolterink, 10 October 2017

BNP Paribas Fortis Funding, the Luxembourg issuance vehicle  99.9% owned by BNP Paribas Fortis, issued 23 securities worth €268m in the first half of 2017, according to the company's latest audited interim accounts. The figure, which includes sales to investors in Belgium and Luxembourg, can be split into structured products (index-linked and variable coupon notes) and non-structured products (floating-rate notes) which sold €174m and €94m, respectively.

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