Banca IMI licences Stoxx low carbon index for certificates

Stoxx has licensed the iStoxx 50 Low Carbon NR Decrement 3.75% to Banca IMI as an underlying for structured products. The bank’s Max Long Cap Certificate and Max Long Cap Plus Certifcate , which sold €33.8m and €58.6m, respectively, during their subscription periods, are the firsts ever structured products distributed in Italy that are linked to a low-carbon index, according to SRP data. iStoxx 50 Low Carbon NR Decrement 3.75% replicates the performance of the net return versio