The Belgian bank’s first interest-linked product in two-years is simultaneously distributed via AXA.
Crelan has collaborated with Société Générale for the launch of Fixed to Floating CMS Linked Coupon Note 2028 in Belgium. The six-year steepener pays a fixed coupon of 3.75% p.a. for the first three years of investment. From year four to six, the annual coupon is equal to two-times the difference between the 30-year EUR constant maturity swap (CMS) rate and the five-year EUR CMS rate, subject to a minimum of two percent and a maximum of five percent. The majority o