In this week’s wrap we look at a selection of structured products with strike dates between 21-27 January 2024.
EUROPE Garantum distributed Kreditcertifikat Investment Grade Europa Månadsvis nr 4999 in Sweden. The five-year investment certificate is linked to the iTraxx Europe Series 40 Version 1 , which is composed of 125 liquid European entities with investment grade credit ratings. The product offers an annual coupon of eight percent (with monthly payments), providing no more than three reference companies in the index have encountered a credit event. Otherwise, the coupon is reduced by two perc