Product wrap: HSBC offers access to MSCI ESG index in China

EUROPE Crédit Agricole Banque Privée is distributing Armantis Juillet 2021 in France. The eight-year medium-term note (MTN) is linked to the Euro iStoxx 50 Equal Weight Decrement 5% Index . It has a knockout feature, which is triggered – every two years – if the index closes at or above its initial level. In that case, it returns the nominal invested plus a coupon of seven percent for each year that has passed. The product can be accessed via a life-insurance contract.