The Belgian bank’s cliquet structure is the first in the local market since 2019.

Crelan has launched the Green Bond Restrike Coupon Euro Equity 2030 in Belgium. Issued on the paper of BNP Paribas Issuance BV and guaranteed by BNP Paribas SA, this five-year green bond offers annual income linked to the performance of the Euro Stoxx 50 ESG index. We consciously opted for an annual reset of the strike level of the index so that the client is invested in the stock market every year - Koen Theys The product has a cliquet type payoff feature – the first structure on the