In this week’s wrap, we look at a selection of structured products with strike dates between 1-7 May 2022.
EUROPE Belfius collected €4.3m with its Private Notes Banks 05/2027 in Belgium. The five-year medium-term note (MTN) is linked to the Eurostoxx Banks Index. It pays a fixed coupon of four percent per year. At maturity, if the index closes at or above 60% of its initial level, the product offers 100% capital return. Otherwise, the capital is eroded by one percent for every one percent fall. The product is only available to clients that hold at least €500,000 in deposits and financial i