Product wrap: Stoxx healthcare index increases visibility

EUROPE Belfius issued Healthcare 95 07/2025 in Belgium. The five-year medium-term note (MTN) participates 100% in the performance of the Stoxx Europe 600 Health Care Index, capped at 10%. The overall minimum capital return is 95%. The index consists of 53 major companies from the biotechnology and pharmaceutical sector and companies supplying medical equipment. Fees included in the issue price of 100% include an upfront fee of 0.34% of the subscribed nominal amount and a recurring annual fee of