Product wrap: CACIB in Nordic ESG push

EUROPE In Finland, Alexandria Pankkiiriliike collaborated with Crédit Agricole CIB (CACIB) for the launch of Vastuulliset Yhtiöt Autocall . The securities have a tenor of maximum six years and are tied to the MSCI EMU Sustainable Select 50 5% Decrement Index . Every six months, the performance of the index is measured, and if the index closes at or above its strike price, the knockout is triggered. In that case, investors receive a coupon of 4.50% for each semester that has passed.