Danish investors cash in on last minute volatility swing and get 9% more than expected
BIL Danmark, the Danish branch of the oldest private bank in Luxembourg Banque Internationale à Luxembourg, was able to offer its clients more favourable terms than predicted in its latest offering, DB Europa Investment Grade Trancheret 2024 . The product, issued by Danske Bank and distributed by BIL Danmark, raised a satisfactory €6.861m, according to senior investment advisor Jan Nielsen. The credit linked product was offered with a promise of delivering an accumulating interest
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