BNP Paribas last month launched its first retail structured note for the Hong Kong market. The Paris-based bank will offer capital guarantees on the performance of the 'Elite Series 1' credit-linked notes, which are issued by BNP Paribas Retail Note Issuance.
The payout will be linked to a reference basket of six financial institutions and corporates, with a fixed-interest payment of up to 5% a year over five-and-a-half years.
Payments will be made in two instalments every year, subject to con
The week on Risk.net, July 7-13, 2018Receive this by email