In this week’s wrap we look at a selection of structured products with strike dates between 16-22 February 2025.
UFF Taux CMS 2024 was commercialised in France via UFF Conseil en Gestion de Patrimoine and Abeille Assurances . The product is linked to the 10-year EUR constant maturity swap (CMS) rate and registers a memory coupon of 2.78% for each semester the underlying is at or below 3.20%. The coupon is either paid at maturity of in case of early redemption. From the fourth semester onwards, the product autocalls if the 10-year EUR CMS is at or below 2.20% on any semi-annual observation date for a payout